If you’re a tradie, a work-related expenses guide by the ATO is available to help you get the most out of your tax return.
Electricians – Claiming Work-Related Expenses includes valuable information about what work-related expenses you can claim, such as car, travel and other expenses.
In most situations, you can claim deductions for work-related expenses if you meet the following conditions:
- you incurred the expense in doing your job
- the expense is not a private expense
- you can show you incurred the expense by producing receipts or other written evidence (unless an exception applies).
Topics covered in the guide include:
- allowances and reimbursements
- transporting bulky tools and equipment
- shifting places of employment
- travelling between worksites
- overnight travel expenses
- tools and equipment
- protective equipment
- home office expenses
- overtime meals
- record keeping requirements.
Remember, even if you lodge your tax return through a registered tax agent, you are responsible for providing proof of your expenses.
For help on work-related expenses you can claim in the building and construction industries, visit the ATO’s online guide of how to claim your work expenses.