Work-Related Expenses
Vehicle and Travel Expenses: Use the logbook method or cents per kilometre method.
Clothing and Laundry: Uniforms with logos, protective clothing.
Home Office: Fixed rate of 67 cents per hour or actual expenses incurred.
Self-education: Costs directly related to employment.
Deduction Type | Criteria |
---|---|
Vehicle and Travel Expenses | Logbook or 85 cents per kilometre method. |
Clothing and Laundry | Uniforms, protective clothing. |
Home Office | Fixed rate or actual expenses. |
Self-education | Directly related to employment. |
Example: Work-Related Deductions
Scenario: Alex is an accountant who incurred the following expenses:
Vehicle and Travel: $2,000 (logbook method)
Clothing and Laundry: $500
Home Office: $300
Self-education: $1,200 (relevant course)
Reporting Deductions
Deduction Type | Amount |
---|---|
Vehicle and Travel Expenses | $2,000 |
Clothing and Laundry | $500 |
Home Office | $300 |
Self-education | $1,200 |
Total Deductions | $4,000 |