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Work-related expenses

Posted on 9 March '18 by , under Tax.

The Australian Taxation Office is continuing to pay close attention to claims made as ‘work-related expenses’ throughout 2018.

Making incorrect claims of work-related deductions can land you in hot water with the ATO, and thus it is important you can justify these claims. In order to claim correctly, you must be able to show that:

  • You spent the money yourself and were not reimbursed.
  • The expense was directly related to earning your income, and
  • You have appropriate records and documentation to prove it.

If you are making a claim for an expense that you use for both business and privately, you may only claim the portion of the expense that was related to business.