I’m sure we all know by now that there are certain expenses that can be claimed as a tax deduction and certain expenses that cannot be claimed as a tax deduction.
But if you happen to be unsure, the Australian Taxation Office (ATO) website has plenty of information available, or of course you can ask your trusty tax agent!
The following is a comprehensive list of particular occupations for which the ATO have released individual Tax Fact Sheets regarding the deductions which may be available:
- Adult industry workers
- Airline employees
- Australian Defence Force members
- Building and construction employees
- Business professionals
- Cleaners
- Earthmoving plant operators
- Education professionals
- Electricians
- Engineers
- Factory workers
- Fitness and sporting industry employees
- Flight attendants
- Guards and security employees
- Hairdressers
- Hospitality industry employees
- IT Professionals
- Journalists
- Lawyers
- Mechanical, automotive and electrical tradespersons
- Mechanics
- Mining site employees
- Nurses, midwives and direct carers
- Performing artists
- Plumbers
- Police officers
- Real estate industry employees
- Sales and marketing managers
- Sales representatives
- Shop assistants
- Teachers
- Travel agents
- Truck drivers
I encourage you to take a look at the fact sheet applicable to your industry if it is listed, it can make tax time so much easier for you!
And if your industry isn’t listed, don’t panic. you can use the principles of general deductions as a guideline, or as I mentioned earlier, contact your tax agent.
Regards
