tax time

21 Tradie Tax Deductions!

There are a great many tradie tax deductions you may be entitled to claim on your tax return. Unfortunately, a good number of tradies miss out on hundreds of them every year. This leaves their hard-earned cash in the pockets of the ATO and that’s plain crazy!

If you work in construction, building, horticulture, civil or any kind of trade then here is a list of things you may be able to claim this end of financial year.

Tradie tax deductions include:

  • Clothing (must have business logo)
  • Tools and equipment – purchase, lease or repairs
  • Technical instruments.
  • Protective items (hard hats, steel cap boots, safety glasses etc.)
  • Laundry/cleaning of work clothes
  • Sunscreen and sunglasses (if you work outside)
  • Tablet, computer and mobile phone expenses (work related portion only)
  • Work related software and computer accessories
  • Home office running expenses (if applicable)
  • Filing cabinets and bookshelves
  • Desks, chairs and lamps
  • Internet expenses (apportioned)
  • Training courses, (if directly related to your current role)
  • Professional libraries
  • Journals/Manuals
  • Car/vehicle expenses including parking, tolls, running expenses, fuel, km driven etc.
  • Travel expenses (between sites, to pick up equipment, to training courses or meetings)
  • Accommodation expenses when working away from home
  • Union fees
  • Insurances
  • Licenses, permits and certifications! – ENROL TODAY!

*This is not financial advice.  FTA advise that you speak to a financial adviser or accountant to confirm.

Information provided by Etax Local: https://www.etaxlocal.com.au/tradie-tax-deductions/

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