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Questions About Deductions
June 9, 2022
- Make sure you spent the money yourself and were not reimbursed in any way
- Make sure it is the portion related to your employment
- Make sure you have evidence to prove it
Car Expenses
Travel Expenses
You can claim a tax deduction
- If you are using public transport, air travel and taxi fares, or hiring a car for short-term in earning employment income
- Meal, accommodation and incidental expenses if you are leaving away from home to work
Uniform, Clothing, Laundry and Dry Cleaning
Self-education Expenses
Most of the costs associated with self-education can be deductible, for example:
- Course fees
- Textbooks
- Stationery, photocopying, ink cartridges for printers
- Decline in value or repair and maintenance to technical tools
- Self-education related travel expenses
but self-education expenses can be deducted only when the study maintains and improves a skill required for current work, or increased income in current occupation, instead of getting a new job.
Other Work-related Expenses
The common deductions for other work-related expenses include:
- The common deductions for other work-related expenses include:
- Certificate of registration, licences and permits
- Professional, Business, Trade Associations & Unions
- Home office
- Short-term refresher courses or industry courses
- professional indemnity insurance for work-related purposes
- phone and internet bills
- stationery
The ATO has issued a number of rulings in relation to allowable deductions for certain occupations and these can be used as handy references:
Occupation and industry specific guides
Donations & Gifts
Voluntary gifts of $2 or more to an approved institution or group can be claimed as a deduction. The ATO maintains lists of approved organisations that have been endorsed as
Deductible Gift Recipients (DGR)
Cost of Managing Tax Affairs
Fees and commissions paid to professional advice, like tax agents, tax advisors or enrolled legal practitioners, on income tax matters are deductible.
Income Protection Insurance
A deduction can be claimed for a premium paid for insurance against the loss of income. To be deductible, the benefits afforded by the policy must provide the taxpayer with assessable income during a period of incapacity
