Eligible Tax Deductions and Offsets for You
Do you know the tax deductions and offsets for which you might be eligible? The following tips may help you to legitimately reduce your tax liability in your 2016-17 return. Claim work-related deductions Typical work-related expenses include employment-related telephone, mobile phone, internet usage, computer repairs, union fees and professional subscriptions. Note that the Australian Taxation Office (ATO) will again check claims made in real time. Claim only what you are legally entitled to and be sure to have all necessary receipts or credit card statements to support them. Claim home office expenses When part of your home has been set aside primarily or … Continue reading Eligible Tax Deductions and Offsets for You
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