Worried you’re missing part of your refund? Remember, the low and middle income tax offset isn’t a refund on its own – it’s used to offset (or reduce) the amount of tax you pay. The offset amount you may be entitled to is automatically applied and could range between $255-$1080, depending on things like your taxable income and how much tax you’ve paid.
I am currently selling plants on ebay (as a second job) and making profit. I have been buying packaging material on ebay, and buying plants and postage sachets via paypal. I am currently hiring a piece of land to store the plants (which I pay on paypal and direct deposit). Can I use these transactions, paypal fees and ebay fees as deductables?