Are you a Receptionist, Administrator, Admin Assistant?
If you answered YES! Go YOU! Let's claim some TAX deductions!
You are the backbone of your company, you keep the cogs of the office well-oiled and turning to ensure everything runs as smoothly as possible, and sometimes, you may have work-related costs that you can claim back on your tax return.
So, go on – claim those tax deductions, you deserve it!
Here are some of the work-related costs you may be able to claim on your next tax return:
- Car expenses – If you need to post the post, run errands, attend meetings that aren’t at your normal workplace - Keep a logbook and claim back the work-related percentage.
- Home Office – If you work from home and in an office, you can claim the office equipment, furniture, and running costs. E.g. heating, cooling, lighting.
- Stationery – if you need to purchase any kind of stationery for work and your boss hasn’t reimbursed you, you can claim these back.
- Equipment – if you need to purchase equipment like calculators, earphones, laptops then you can claim them. The tax office has some funny rules, if the stuff costs less than $300 then you can claim the full amount year - nice. If it costs more than $300, you can claim a tax deduction, but it will have to be spread over a few years, this is called depreciation. So, when you do your tax return each year it will need to be added in. But hey, that's our job to remember, we won't forget.
How do I claim all of my expenses?
When you do your Gotax Online e-tax return, you will be asked what occupation you work in. From here, there will be a list of the most common tax deductions people within your occupation claim on their tax return,
If your job is a little bit more unique compared to other people in similar roles you can claim the additional expenses by selecting them from your expense list within your tax return.
It's time to start your tax return and get the tax deductions you deserve now!
You won't believe how easy it is!
Note that the information provided is general in nature and subject to change, please contact one of our professionals who can evaluate your circumstances and provide more accurate advice to your current situation.