IT PROFESSIONAL

Accounting

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DEDUCTIONS
YOU CAN CLAIM

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IT PROFESSIONAL

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We bring you the best possible solutions for your company.

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info@perfectaccounting.com.au

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0414 427 074

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border_sizes_left=”1px” spacing_left=”16px” spacing_right=”0px” margin_top_small=”0px” margin_bottom_small=”1px” first=”true” min_height=”” link=””][fusion_title title_type=”text” rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”off” highlight_width=”9″ highlight_top_margin=”0″ content_align=”center” size=”4″ style_type=”default” animation_direction=”left” animation_speed=”0.3″ hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky”]

CAR EXPENSES

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You can claim a deduction when you are:
• Drive between separate jobs on the same day – eg you
work for wo different employers
• Drive to and from an alternate workplace for the same
• Employer on the same day – eg a computer repairer who
travels
• To multiple call outs per day.

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You can’t claim the cost of trips between home and work,
even if you live a long way from your usual workplace or
have to work outside normal business hours – eg travelling
at night to reboot computer servers. There are limited
circumstances where you can claim the cost of trips
between home and work, such as where you carry bulky
tools or equipment for work – eg computer peripherals
such as large monitors. The cost of these trips is deductible
only if:
• Your employer requires you to transport the equipment
for work
• The equipment was essential to earning your income
• There was no secure area to store the equipment at the
work location, and
• The equipment is bulky – at least 20kg or cumbersome to
transport.
If you claim car expenses, you need to keep a logbook
to determine the work-related percentage, or be able to
demonstrate to the ATO a reasonable calculation if you use
the cents per kilometre method to claim.

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If you claim car expenses, you can use the logbook method
or the cents per kilometre method to calculate your
deduction.

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PHONE AND INTERNET EXPENSES

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You can claim a percentage of the running costs of your
home office if you have to work from home, including
depreciation of office equipment, work-related phone calls
and internet access charges, and electricity for heating,
cooling and lighting costs

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You generally can’t claim the cost of rates, mortgage
interest, rent and insurance.

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TO CLAIM A DEDUCTION FOR WORK‑RELATED EXPENSES

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You can only claim the work‑related part of expenses. You can’t claim
a deduction for any part of the expense that relates to personal use.

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You must have a record to prove it

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You must have spent the money yourself and weren’t reimbursed

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It must be directly related to earning your income

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SELF-EDUCATION EXPENSES

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You can claim deduction for self-education expenses
if your course relates directly to your current job – eg
learning new software required to perform your work
duties.

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You can’t claim a deduction if your study is only related in
a general way or is designed to help get you a new job – eg
you cannot claim a deduction if you are a computer sales
person who is studying to be a software programmer.

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CLOTHING EXPENSES

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You can claim a deduction for self-education expenses
if your course relates directly to your current job – eg
learning new software required to perform your work
duties.

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You can’t claim a deduction if your study is only related in
a general way or is designed to help get you a new job – eg
you cannot claim a deduction if you are a computer sales
person who is studying to be a software programmer.

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OTHER COMMON DEDUCTIBLE
WORK-RELATED EXPENSES

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Other expenses you can claim a deduction for include:
• The work-related portion of phone and internet expenses
if you have to make phone calls, send texts or use the
internet for work
• Tools and equipment you are required to purchase for
work. If the tool or equipment:
› Cost more than $300 – you claim a deduction for the
cost over a number of years (depreciation)
› Cost $300 or less – you can claim an immediate
deduction for the whole cost
• Union and professional association fees.

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video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” absolute=”off” absolute_devices=”small,medium,large” sticky=”off” sticky_devices=”small-visibility,medium-visibility,large-visibility” sticky_transition_offset=”0″ scroll_offset=”0″ animation_direction=”left” animation_speed=”0.3″ filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″ link_hover_color=”var(–awb-color5)” admin_label=”Other Services” padding_top_medium=”32px” padding_bottom_small=”80px” background_color=”var(–awb-color1)” border_sizes_bottom=”1px” border_color=”var(–awb-color2)” padding_bottom=”72px”][fusion_builder_row][fusion_builder_column type=”1_1″ type=”1_1″ layout=”1_1″ align_self=”auto” content_layout=”row” align_content=”space-between” content_wrap=”wrap” center_content=”no” target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” type_medium=”1_1″ order_medium=”0″ order_small=”0″ hover_type=”none” border_style=”solid” box_shadow=”no” box_shadow_blur=”0″ box_shadow_spread=”0″ background_type=”single” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ background_position=”left top” background_repeat=”no-repeat” background_blend_mode=”none” animation_direction=”down” animation_speed=”1.0″ filter_type=”regular” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″ last=”true” border_position=”all” margin_bottom=”30px” margin_bottom_medium=”20px” margin_bottom_small=”40px” first=”true” min_height=”” link=””][fusion_title title_type=”text” rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”off” highlight_width=”9″ highlight_top_margin=”0″ content_align=”left” size=”3″ style_type=”default” animation_direction=”left” animation_speed=”0.3″ hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” margin_top=”0px”]Other accountancy services.[/fusion_title][fusion_button link=”https://cp.perfectaccounting.com.au/services/” target=”_self” color=”custom” button_gradient_top_color=”rgba(44,188,99,0)” button_gradient_bottom_color=”rgba(44,188,99,0)” accent_color=”var(–awb-color7)” border_color=”var(–awb-color7)” border_hover_color=”var(–awb-color5)” stretch=”default” icon_position=”left” icon_divider=”no” animation_direction=”left” animation_speed=”0.3″ hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” border_top=”1px” border_right=”1px” border_bottom=”1px” border_left=”1px”]View all services[/fusion_button][/fusion_builder_column][fusion_builder_column type=”1_3″ type=”1_3″ layout=”1_3″ align_self=”auto” content_layout=”column” align_content=”flex-start” content_wrap=”wrap” center_content=”no” target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” type_medium=”1_3″ order_medium=”0″ order_small=”0″ padding_top=”36px” padding_right=”40px” padding_bottom=”16px” padding_left=”40px” hover_type=”none” border_color=”hsla(var(–awb-color8-h),var(–awb-color8-s),var(–awb-color8-l),calc( var(–awb-color8-a) – 92% ))” border_style=”solid” box_shadow=”yes” box_shadow_blur=”4″ box_shadow_spread=”-1″ box_shadow_color=”hsla(var(–awb-color8-h),var(–awb-color8-s),var(–awb-color8-l),calc( var(–awb-color8-a) – 92% ))” background_type=”single” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ background_color=”var(–awb-color1)” background_position=”left top” background_repeat=”no-repeat” background_blend_mode=”none” animation_direction=”down” animation_speed=”1.0″ filter_type=”regular” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″ last=”false” border_position=”all” box_shadow_vertical=”2px” box_shadow_horizontal=”0px” border_radius_top_left=”8px” border_radius_top_right=”8px” border_radius_bottom_right=”8px” border_radius_bottom_left=”8px” border_sizes_right=”1px” border_sizes_bottom=”1px” border_sizes_left=”1px” spacing_right=”20px” spacing_left=”20px” spacing_right_medium=”10px” spacing_left_medium=”10px” margin_top_medium=”10px” margin_bottom_medium=”10px” border_sizes_top=”1px” first=”true” min_height=”” link=””][fusion_fontawesome icon=”fusion-prefix-icon-accountant-folders” spin=”no” linktarget=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” animation_direction=”left” animation_speed=”0.3″ margin_bottom=”16px” /][fusion_title title_type=”text” rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”off” highlight_width=”9″ highlight_top_margin=”0″ content_align=”left” size=”4″ style_type=”default” animation_direction=”left” animation_speed=”0.3″ hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky”]

Tax Services

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“Maximize deductions, minimize liabilities with our expert tax services. Trust us for accurate, timely filing.”

[/fusion_text][fusion_text rule_style=”default” animation_direction=”left” animation_speed=”0.3″ hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” fusion_font_variant_text_font=”var(–awb-typography3)” fusion_font_family_text_font=”var(–awb-typography3-font-family)”]

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Bookkeeping

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“Keep your financial records organized and accurate with our professional bookkeeping services. Trust us for reliable financial management.”

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Payroll

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“Ensure timely and accurate payroll processing with our comprehensive payroll services. Trust us to handle your payroll needs efficiently.”

[/fusion_text][fusion_text rule_style=”default” animation_direction=”left” animation_speed=”0.3″ hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” fusion_font_variant_text_font=”var(–awb-typography3)” fusion_font_family_text_font=”var(–awb-typography3-font-family)”]Read more[/fusion_text][/fusion_builder_column][fusion_builder_column type=”1_1″ type=”1_1″ layout=”1_1″ align_self=”auto” content_layout=”row” align_content=”space-around” content_wrap=”wrap” center_content=”no” target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” order_medium=”0″ order_small=”0″ margin_top=”48px” hover_type=”none” border_style=”solid” box_shadow=”no” box_shadow_blur=”0″ box_shadow_spread=”0″ background_type=”single” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ background_position=”left top” 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margin_bottom=”10px”]https://cp.perfectaccounting.com.au/wp-content/uploads/2024/04/CPA-300-x-140-px.png[/fusion_imageframe][fusion_imageframe image_id=”12015|full” max_width=”130px” hover_type=”none” align_medium=”none” align_small=”none” align=”center” lightbox=”no” link=”https://1.envato.market/15Nrrd” linktarget=”_blank” animation_direction=”left” animation_speed=”0.3″ hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” filter_hue=”0″ filter_saturation=”100″ filter_brightness=”100″ filter_contrast=”100″ filter_invert=”0″ filter_sepia=”0″ filter_opacity=”100″ filter_blur=”0″ filter_hue_hover=”0″ filter_saturation_hover=”100″ filter_brightness_hover=”100″ filter_contrast_hover=”100″ filter_invert_hover=”0″ filter_sepia_hover=”0″ filter_opacity_hover=”100″ filter_blur_hover=”0″ margin_right=”10px” margin_left=”10px” margin_top=”10px” 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