Tax Return:: Tax Deductions for Tilers
Hello, this is your tax and super specialist, P&C Tax Professionals.
This blog post will focus on tilers and some of the tax deductions they may be able to claim on their tax return.
<Car Expenses>
As a tiler, you may be eligible to claim your motor vehicle expenses as part of your tax deductions if:
> You are commuting from your main workplace to another workplace (e.g., you may have to pick up certain tools that are required for your work from the tool shop or you may simply have to travel to another worksite).
> You may possibly be able to claim the cost of traveling from your home to work and vice versa if you are required to carry bulky tools and/or equipment that are essential to your job as a tiler and if there are no safe storage space to keep them at your workplace.
In order to claim your car expenses, you must:
> Keep and maintain a valid 12-week consecutive logbook in order to determine the business use percentage of your car and as evidence of your total car expenses for the financial year --> Logbook Method
> Calculate your work-related kilometres travelled and be able to verify that those kilometres were indeed work-related --> Cents per Km Method (claims are available up to a maximum of 5000km)
<Protective Work-Related Clothing and Laundry>
If you were required to buy protective clothing to carry out your work duties, you can also claim for the cost of purchasing and laundering your work uniform which has the company’s logo on it.
Examples of protective wear may include:
> Hard hats
> High vis wear
> Safety boots
> Safety glasses, etc
<Phone and Internet Expenses>
> You can claim for the work-related percentage of your internet and phone usage if you are required to use your personal devices to carry out your work.
<Other Work-Related Expenses>
Some of the other common work-related expenses for tilers may consist of the following:
> Purchase of tools and equipment (e.g., toolkits, tile cutters, tape measures, drills, etc.) – if your tools/equipment costs over $300, it must be depreciated across the useful life of the asset.
> Training courses that are directly related to the current position you are in
> Income Protection Insurance
> Sun protection (e.g., sunscreen and sunglasses if you are working outdoors)
> Licences, permits and certificate fees (excluding your driver licence)
> Travel expenses, if you are required to stay overnight away from your home for work purposes
Let’s finish it off here but if you have any other questions, please reach out to us via our Facebook Page (P&C Tax Professionals – Australia) or by using our email address at pnctax@naver.com.
Thank you and bye for now!
コメント