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ATO COMPLIANT • 2024-25 FINANCIAL YEAR

Complete Tax Deductions Guide

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Everything you can claim. ATO-compliant. Backed by our $50M accounting firm. Free downloadable checklist included.

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Explore Deductions

Covered

50+ Deductions

Compliant

ATO

Clients

5,000+

Turnover

$50M

Work-Related Expenses

Deductions for employees and contractors

Home Office Expenses

Claim expenses for working from home including electricity, internet, phone, and office equipment.
ATO Reference: TR 2023/1

Who Can Claim

  • Employees working from home
  • Self-employed individuals
  • Contractors

Claimable Amount

  • Fixed rate: $0.67 per hour OR Actual costs method

Documentation Required

Timesheets or diary
Receipts for equipment
Utility bills
Internet/phone bills

Pro Tips

  • Keep a diary of hours worked from home for minimum 4 weeks
  • Fixed rate method is simpler - covers all running expenses
  • Actual costs method may result in higher deduction
  • Can claim decline in value of office furniture over time

Common Mistakes

  • Claiming without keeping proper records
  • Mixing personal and work-related expenses
  • Forgetting to apportion expenses for shared use

Car & Travel Expenses

Vehicle expenses for work-related travel (excluding home to work commute).

ATO Reference: TR 2020/1

Who Can Claim

  • Employees with work-related travel
  • Self-employed
  • Carrying bulky equipment

Claimable Amount

  • Cents per km: $0.85/km (max 5,000km) OR Logbook method

Documentation Required

Logbook (12 weeks)
Odometer readings
Fuel receipts
Service records

Pro Tips

  • Travel between workplaces IS deductible
  • Home to work travel is generally NOT deductible
  • Keep logbook for 12 consecutive weeks
  • Logbook method better for high km travelled

Common Mistakes

  • Claiming home to work travel
  • Using outdated cents per km rate
  • Invalid or expired logbook

Clothing, Laundry & Dry-Cleaning

Uniforms, protective clothing, and occupation-specific attire.

ATO Reference: TR 2021/4

Who Can Claim

  • Workers with compulsory uniforms
  • Protective clothing users
  • Occupation-specific clothing

Claimable Amount

  • Actual costs OR $1 per load (if total claim under $150)

Documentation Required

Receipts for purchases
Laundry records
Employer uniform policy

Pro Tips

  • Only specific uniforms with employer logo deductible
  • Protective clothing (hi-vis, steel caps) is deductible
  • Conventional clothing (suits, white shirts) NOT deductible
  • Keep receipts for purchases and cleaning

Common Mistakes

  • Claiming conventional business attire
  • No receipts for expensive items
  • Claiming non-protective sunglasses/hats

Self-Education & Training

Courses, seminars, and education related to current employment.

ATO Reference: TR 98/9

Who Can Claim

  • Employees upskilling
  • Career advancement training
  • Mandatory certifications

Claimable Amount

  • Course fees, textbooks, travel to campus, depreciation of equipment

Documentation Required

Course receipts
Textbook invoices
Travel records
Equipment receipts

Pro Tips

  • Must have sufficient connection to current employment
  • Cannot be for new career or new income source
  • Student loans (HELP/HECS) not deductible
  • Professional memberships may be deductible

Tools & Equipment

Work-related tools, computers, phones, and technical equipment.

ATO Reference: TR 2022/3

Who Can Claim

  • Tradies
  • IT professionals
  • Office workers
  • Technical roles

Claimable Amount

  • Under $300: Immediate deduction | Over $300: Depreciate over useful life

Documentation Required

Purchase receipts
Usage diary
Work requirement letter

Pro Tips

  • Tools under $300 can be claimed immediately
  • Tools over $300 depreciate (e.g., laptop over 2-4 years)
  • Must apportion for private use
  • Keep usage diary for high-value items

Phone & Internet

Mobile phone and internet expenses for work purposes.

Who Can Claim

  • All employees using phone/internet for work

Claimable Amount

  • Actual work-related portion OR 4-week diary method

Documentation Required

Phone bills
4-week usage diary
Internet bills

Pro Tips

  • Calculate work-related percentage accurately
  • Keep 4-week representative diary
  • Include calls, data, and plan fees
  • Equipment decline in value separate claim
OUR VALUES

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All deductions referenced against current ATO tax rulings and legislation

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