2021 ATO Tax Guide for Tradies
It’s tax time! It pays to learn what work-related expenses you can claim.
Do you know what you can and can’t claim during tax time? Lodging your tax return is easy with the ATO’s work-related expenses guide for tradies. Download the summary guide here.
When completing your tax return, you may be able to claim deductions for some work-related expenses.
To claim a work-related deduction:
you must have spent the money yourself and weren’t reimbursed
it must directly relate to earning your income
you must have a record to prove it.
If the expense was for both work and private purposes, you can only claim a deduction for the work-related portion. Common deductions for apprentices can include:
Car expenses
Clothing, and tools and equipment expenses
Self-education expenses
Remember to report all income in your tax return and remove any portion of your expense that is not work-related.