You’re entitled to claim deductions for some expenses, most of which are directly related to earning your income. To claim a work-related deduction:
- you must have spent the money yourself and weren’t reimbursed;
- it must directly relate to earning your income; and
- you must have a record to prove it.
Common claimable deductions include tools, vehicle and travel expenses, mobile phone, internet, iPad and home office expenses. In addition, there may be expenses specific to your industry that you can claim. For example, if you work in the sun in the construction industry you may be able to claim sunscreen, sunglasses and hats that protect your skin from the sun. Industry memberships, education and other professional development expenses may also be claimable.
Please contact us for information specific to your individual circumstances.