Akankshaa Pty. Ltd. is a CPA Practice
General guide for list of deductions for individuals
Some general deductions:
-
Work related travel in your own vehicle other than going to office & back home. It can be claimed either based on log-book or cents per km. ATO has restricted cents per km method to maximum of 5,000 kms at the rate of $0.68 per km from 1 July 2018.
-
Work travel using public transport other than going to office & back home.
-
Laundry / Dry Cleaning expenses for work specific uniform
-
Home office expenses for time spent working from home - ATO allows $0.52 per hour to be claimed from 1 July 2018.
-
Other expenses like phone, computers or laptops based on their usage for work if not provided by employer.
-
Self -education expenses that are directly related to your income earning activity.
-
Tax Deductible Donations
-
Tax Preparation fees paid to a tax agent for preparation of tax return.
-
Premiums paid towards Income Protection Insurance, if maintained outside of superannuation fund.
Guide to some work specific deductions based on occupation:
For Defence Force Personnel (might need to meet some conditions)
-
Work travel for transporting bulky tools & Equipment.
-
Uniform & Protective Clothing expenses
-
Mess Fees & related expense
-
Expenses related to physical training if your work requires you to maintain a higher level of fitness as compared to general fitness level of a defence force personnel. Some examples – a Dog trainer, member of a Special Air Service Regiment.
For Nurses, Midwives & Carers (might need to meet some conditions)
-
Work travel for travelling between two different work places.
-
Uniform & Protective Clothing expenses
-
Nurses Registration fees
-
Registration for Working with Vulnerable Children
-
Union Fees & professional association fees
-
Professional Development expenses which might include Seminars & Conferences
-
First Aid Courses
-
Deduction for Fob Watch based on decline in value (Depreciation)
For Building & Construction Industry Employees (might need to meet some conditions)
-
Work travel for transporting bulky tools & equipment.
-
Parking & Tolls when traveling between two different work sites.
-
Uniform & Protective Gear expenses
-
Union Fees & professional association fees
-
Protective equipment like safety glasses, ear muffs, face-masks, goggles, harness & safety helmets.
-
Tools & Equipment
-
First Aid Courses fees if requirement of your work duties
For Electricians (might need to meet some conditions)
-
Work travel for transporting bulky tools & Equipment.
-
Uniform & Protective Clothing expenses i.e. fire-resistant and sun-protection clothing or safety-coloured vests, rubber boots or steel capped boots, etc.
-
Union Fees & professional associations.
-
Tools & Equipment
-
If you are required to work in sun, you can claim for Sunscreen, sunhats and sunglasses.
For Plumbers (might need to meet some conditions)
-
Work travel for transporting bulky tools & Equipment.
-
Uniform & Protective Clothing expenses i.e. fire-resistant and sun-protection clothing or safety-coloured vests, rubber boots or steel capped boots, etc.
-
Union Fees & professional associations.
-
Tools & Equipment
-
Protective equipment like safety glasses, ear muffs, face-masks, goggles, harness & safety helmets.
-
If you are required to work in sun, you can claim for Sunscreen, sunhats and sunglasses.