fbpx

Office Worker Tax-Saving Tips for 2021

The motor vehicle is generally deductible if you need to travel for work though unfortunately, home to office is not – not even for ATO employees.

Work-related travel that you pay for to conferences, training or courses, etc. can also be claimed including accommodation and sometimes meals.

Work-related clothing is deductible if you need to purchase a company uniform, protective wear, or do your own laundry. Unfortunately, the Cue dress or Hugo Boss suit are not deductible, but the Gucci sunglasses are deductible if you have to drive or be outside (for sun protection).
S
Courses and education even if you are top of your game and want to learn more! You are still entitled to claim any self-education expenses you incur for your job.

Tools of trade is a big one. So, do not miss out! Your laptop and phone might be included and if like many sales staff you work from home you can claim 52c for every hour before COVID and 80 cents after COVID you sit around the dining table at home preparing the next big pitch!

Donations –You have helped people all year round, this is when it will help you! Donations to a DGR are tax-deductible. It definitely pays back to help others.

Accounting fees – So, why do it yourself when your accounting fees are tax-deductible? Don’t forget that you can even claim the travel to see us!

Also, don’t forget Private Health Insurance and Income Protection (Yes you can get insurance to protect your income!)

Consulting with KPG Taxation

Focus On Growing Your Business, Leave The Accounting On Us!

  • Income Tax : File your taxes & get the best claims & returns.
  • Accountancy : Hire expert accountants to manage your transactions.
  • Bookkeeping : Let us handle your record books and expense reports.
  • Business Advisory : From company set-up to payroll, we handle it all.