16/07/2026
The explosion in AI use across Australia is spreading into tax returns as accountants notice a surge in deductions for paid AI service subscriptions.
With the cost of AI subscriptions typically ranging between $30 and $300 a month, depending on usage and the level of technology, the potential tax deduction can total thousands of dollars a year, although this comes with some warnings from the Australian Taxation Office. Anthony Keane has more: https://bit.ly/44tHuqD