Money Doesn’t Come Without Guidance ...
2018 tax financial year is close by and you need to be creative to get the maximum refund possible this tax season. While ATO is very strict this year in-relation to the work-expense claims, you can legitimately eligible to claim several deductions based on direct connection between the expense and the work. This gets interesting as many Aussies don’t know what they can claim and eventually misses out on the deductions.
To claim a deduction for work-related expenses:
Here are our top tax tips to get you most out of your tax this year:
What you can claim
You can claim the cost of travelling:
What you can't claim
You can't claim the cost of driving your car between work and home just because:
You cannot count your home as a workplace unless you carry out itinerant work.
If you do itinerant work (or have shifting places of work) you can claim the cost for driving between workplaces and your home. The following factors may indicate you do itinerant work: