|
You can claim deductions for work related expenses you incurred while performing your job. Below is a list of common deductions that can be made by an individual.xml:namespace prefix = o />
Sun Protection
If your job requires you to work in the sun. and you have purchased sunscreen lotion, a sunhat or sunglasses during the financial year, keep the receipts. These can all be claimed as a tax deduction for certain industries. http://www.ato.gov.au/individuals/content.asp?doc=/content/37384.htm
Work related Mobile phone use
If your job requires that you use your personal mobile phone for work related calls and your employer doesn’t reimburse you for the calls. Mark the work calls on your phone bill and they can be claimed as a tax deduction.
Work related car expenses
Car expenses’ are costs incurred as a result of using your car (whether owned, leased or hired under a hire-purchase agreement) for work-related travel. http://www.ato.gov.au/individuals/content.asp?doc=/content/16377.htm&pc=001/002/013/005/001&mnu=45&mfp=001&st=&cy=1
Travel Expenses
You can claim travel expenses if they are directly related to your work.
http://www.ato.gov.au/individuals/content.asp?doc=/content/16391.htm&pc=001/002/013/005/005&mnu=45&mfp=001&st=&cy=1
Laundry/Dry Cleaning costs
You can claim a deduction for the cost of washing (cleaning), drying or ironing eligible work clothes – that is, clothes the cost of which is deductible - as laundry expenses. http://www.ato.gov.au/individuals/content.asp?doc=/content/33754.htm&pc=001/002/013/005/006&mnu=45&mfp=001&st=&cy=1
Protective Clothing
You can claim the cost of buying, renting, repairing and cleaning occupation specific clothing, protective clothing and certain work uniforms. http://www.ato.gov.au/individuals/content.asp?doc=/content/18824.htm&page=7&H7=&pc=001/002/013/005/003&mnu=45&mfp=001&st=&cy=1
Medical Expenses
The medical expenses tax offset may be available if you have out of pocket medical expenses over a specified limit in an income year. The tax offset is 20% of net medical expenses over the $1,500 threshold amount. There is no upper limit to the amount you can claim. http://www.ato.gov.au/individuals/content.asp?doc=/content/19181.htm&page=2&H2
Self education expenses
You can claim deductions for the costs associated with self education that are related to your income earning activities. Self education is generally associated with courses offered by schools, colleges and universities that lead to awards such as degrees or diplomas. However, you can also claim deductions for the expenses associated with activities that do not result in an award if they lead to an improvement in your skills and/or knowledge – and the skills/knowledge improved are sufficiently related to your income earning activities. http://www.ato.gov.au/individuals/content.asp?doc=/content/18843.htm&page=3&H3=&pc=001/002/013/005/002&mnu=45&mfp=001&st=&cy=1
Travel between jobs
Deductions may be claimed for travel between any two workplaces. http://www.ato.gov.au/individuals/content.asp?doc=/content/46856.htm&pc=001/002/013/005/003&mnu=45&mfp=001&st=&cy=1
Income protection insurance
If you own an income protection insurance policy, the yearly premium can be claimed as a deduction. http://www.ato.gov.au/individuals/content.asp?doc=/content/19669.htm&pc=001/002/013/005/003&mnu=45&mfp=001&st=&cy=1
Baby Bonus
The baby bonus is a refundable tax offset, even if you do not pay tax, do not have any income or do not have to lodge a tax return you can still claim it. You can only claim it from the Tax Office. The baby bonus is paid whether or not you currently get any other family benefits – for example, maternity allowance – and it is not income tested.
http://www.ato.gov.au/individuals/content.asp?doc=/content/33906.htm
|