DEDUCTIONS
YOU CAN CLAIM

SALES AND MARKETING

We bring you the best possible solutions for your company.

  • info@perfectaccounting.com.au

  • 0414 427 074

Accounting

CAR EXPENSES

  • You can claim a deduction when you are:
    • Driving between separate workplaces (eg a second job)
    • Regularly working at more than one site each day before
    returning home
    • Driving to and from an alternate workplace for the same
    employer (eg driving to meet clients)
    • Transporting bulky equipment provided you meet the
    following criteria:
    › Your employer required you to transport the equipment
    to work
    › It was essential to earning your income
    › There was no secure area to store the equipment at
    work
    › It was bulky (around 20kg) and cumbersome to
    transport.

You need to keep a record of your work-related car
expenses using a logbook or be able to demonstrate
a reasonable calculation using the cents per kilometre
method.

  • You can’t claim the cost of normal trips between home
    and work, even if you live a long way from your usual
    workplace or have to work outside normal business hours.
    This includes parking fees and tolls when you drive to and
    from work.
    If you salary sacrifice your car this means your employer is
    covering the costs and you cannot claim a deduction.

TRAVEL EXPENSES

  • You can claim a deduction for travel expenses if you are
    required to travel overnight from your usual work location
    (eg for a sales conference), provided the cost was incurred
    while carrying out your work duties. Travel expenses may
    include meals and accommodation, fares, petrol and
    incidentals such as parking fees and tolls.
    Receiving a travel allowance from your employer does not
    automatically entitle you to a deduction. You still need to
    show that you were away overnight, you spent the money
    yourself, and the travel was directly related to earning your
    income (eg it was not a personal expense).

TO CLAIM A DEDUCTION FOR WORK‑RELATED EXPENSES

You can only claim the work‑related part of expenses. You can’t claim
a deduction for any part of the expense that relates to personal use.

  • You must have a record to prove it

  • You must have spent the money yourself and weren’t reimbursed

  • It must be directly related to earning your income

HOME OFFICE, PHONE AND INTERNET
EXPENSES

  • You can claim a percentage of the running costs of your
    home office if you have to work from home, including
    depreciation of office equipment, work-related phone calls
    and internet access charges, and electricity for heating,
    cooling and lighting costs.
    If you are required to purchase equipment for your work
    and it costs more than $300, you can claim a deduction for
    this cost spread over a number of years (depreciation).
    If you keep a diary of your home office usage, you
    can calculate your claim quickly using the home office
    expenses calculator.

  • You can’t claim the cost of rates, mortgage interest, rent
    and insurance.

CLOTHING AND LAUNDRY EXPENSES

  • You can claim for the cost of buying, hiring, mending
    or cleaning certain uniforms that are unique to your job,
    or protective clothing that your employer requires you to
    wear.

  • You can’t claim a deduction for the cost of buying or
    cleaning plain clothing worn at work, even if your employer
    tells you to wear it (eg a business suit).

SELF-EDUCATION AND PROFESSIONAL
DEVELOPMENT EXPENSES

  • You can claim for self-education expenses if your course
    relates directly to your current job (eg a marketing course).

  • You can’t claim a deduction if your
    study is only related in a general
    way or is designed to help get
    you a new job (eg you can’t
    claim the cost of study to
    enable you to move from
    being a receptionist to
    being a real estate
    agent).

Get a personal consultation.

Other accountancy services.

Tax Services

"Maximize deductions, minimize liabilities with our expert tax services. Trust us for accurate, timely filing."

Bookkeeping

"Keep your financial records organized and accurate with our professional bookkeeping services. Trust us for reliable financial management."

Payroll

"Ensure timely and accurate payroll processing with our comprehensive payroll services. Trust us to handle your payroll needs efficiently."