Episode 48 – Work-related expense deductions
Tax inVoice
English - July 04, 2022 15:00 - 27 minutes - 62.5 MBGovernment Business ato podcast tax invoice super tax not for-profit tax crime superannuation small business individuals agent compliance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
ATO Director – Risk and Strategy Kendal Hawken, joins podcast host David Jepsen to talk about work-related deductions, including what you can claim this tax time, what records you need to keep and how to avoid common errors.
When preparing your tax return, it’s important to remember that what you can claim depends on the type of job you have, individual circumstances, and whether you have the required records to support the claim. Records are typically a receipt of a purchase or a form of written evidence such as a logbook, travel or working from home diary.
Using the myDeductions tool in the ATO app allows you to keep track of your records digitally. Understanding what you may be able to claim based on your individual circumstances can help you avoid common errors.
For more information visit:
Deductions you can claimOccupation and industry specific guidesProtective items, equipment and productsWorking from home expensesHome office expenses calculatorDepreciation and capital allowances toolRecords you need to keep