Are you a factory worker ?
You may have many work related deductions to claim on this year taxation which you may not remember at this time. We have prepared handy checklist to update you of your work related expenses. All items may not apply but this checklist can assist you not to miss your deductible expenses.
Always remember to keep the receipts for at least 5 years.
Keep your income ready. Income can be your income from job, bank interest, other income received in the financial year, rental income, etc
Deductible Expenses can be:
Remember: You MUST have spent money directly related to your job and the spent amount had not been reimbursed by your employer.
• Travel between separate jobs within the same day
• Travel for other workplaces with the same employer, within the same day
• Cost of buying or replacing uniform
• Protective gears such as gloves and boots depending on the condition of the environment
• Overtime meals
• Additional costs to maintain important licenses relating to work
• Various tools and equipment required for the work
• Insurance for the tools
• Cost to maintain the condition of the tools
• Education through seminars and training
• Last year’s tax return fee
• Income protection insurance premiums (paid outside of Superannuation)
Remember: If you have been reimbursed any of your expense then don't claim it !
If you are not sure whether your expenses qualify as tax deductions, then contact us at 08 7078 8882 or help@yogigroup.com.au
An accountant for Yogi Group Accountants and Business Advisors will get back to you.
Contact us for your taxation and accounting need
08 7078 8882
help@yogigroup.com.au
398 Payneham Road Glynde SA 5070