Common Deductions
Tools and Equipment
- Hand tools and power tools
- Safety equipment (boots, glasses, gloves)
- Items under $300: immediate deduction
- Items over $300: depreciate over time
Vehicle Expenses
- Fuel for work travel
- Rego, insurance, servicing
- Keep logbook for 12 weeks minimum
- Or use cents per km method (up to 5,000km)
Work Clothing
- Trade-specific clothing (hi-vis, steel caps)
- Uniforms with your logo
- Sun protection for outdoor work
- NOT normal clothes even if worn to work
Other Deductions
- Phone and internet (work portion)
- Insurance premiums
- Union and professional fees
- Training and courses
- Licenses and renewals
- Accounting fees
- Home office expenses (if applicable)
Record Keeping
- Keep receipts for 5 years
- Use accounting software
- Photograph receipts (they fade)
- Maintain vehicle logbook
What You CAN'T Claim
- Travel from home to regular workplace
- Everyday clothing
- Fines and penalties
- Personal portion of expenses