Some of the expenses that you may be able to claim as tax deductions are:
- Work related expenses (e.g., uniforms, occupational specific clothing, protective wear, telephone calls, stationery, seminar and conference expenses and travel expenses).
- Motor vehicle expenses if you used your car for work
(other than to and from work unless heavy tool carrying).
- Self-Education expenses
- Tools and equipment expenses
- Computer expenses (if used partly for work)
- Home office expenses
- Gifts or donations to registered charities
- Union fees
- Overtime meal expenses
- Tax agent’s fees paid in the financial year
- Personal superannuation contributions
- Rental property expenses
- Income Protection Insurance costs
Maximise your refund by bringing your expense receipts to me.
The Australian Tax Office has flagged work-related tax deductions as an area of focus for the 2016 year tax returns. In particular,
- Overnight Travel-transport, accommodation and meals
- Expenses for transporting bulky tools and equipment
- Work-related proportion for the use of computers, telephones and other electronic devices, internet claims
- Motor vehicle: work-related claims
Make sure you can substantiate your tax deduction claims, paying particular attention to the above expense categories.
Please contact me if you need assistance.
Employees who do some work at home
If you have a dedicated home office, and you do some work from home, even if it is just checking emails, printing reports or doing work rosters -you may be able to claim a portion of:
home office running expenses, Internet and phone expenses as well as computer expenses.
If you work at home but don’t have a dedicated home work area, you cannot claim occupancy costs (rates, insurance, rent, mortgage payments).
Please contact me for assistance determining your eligible deductions.