Other prepaid expenses that are excluded from the prepayment rules include:

• payments of salary or wages (under a contract of service)
• amounts that are capital (covered by depreciation rules), private or domestic in nature (not deductible anyway)
• certain amounts incurred by a general insurance company in connection with the issue of policies or the payment of reinsurance premiums
• amounts of expenditure incurred by an entity that is registered for GST, that are less than $1,000 (GST exclusive).