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Checklist for employment-related tax deductions

This checklist contains a general list of general and specific employment-related deductions and should be used as a guide only. The results may vary depending on individual circumstances. The individual should also have the relevant written evidence where required. Also, how much of the expense is allowable as a tax deduction will depend on the extent the expenses are incurred in earning the person’s assessable income.

 

Tax deductible?

Admission fees: For lawyers and other professionals. Disallowed as capital cost.

No

Airport lounge membership: Deductions to the extent used for work-related purposes.

Yes

Annual practising certificate: Applies to professional persons and other contractors who must pay an annual fee to practice in their chosen field.

Yes

Bank charges: Deductions are allowed if account earns interest. Not private transaction fees.

Yes

Bribes to government officials and foreign government officials: Also exclude from the cost base and reduced cost base of CGT assets and cost of depreciating assets.

No

Briefcase: If used for work and/or business purposes the cost is fully deductible if $300 or less. If more than $300, it must be depreciated.

Yes

Calculators and electronic organisers: If used for work and/or business purposes the cost is fully deductible if $300 or less. If more than $300, it must be depreciated.

Yes

Car: See Travel.

Child care fees

No

Cleaning: Of protective clothing and uniforms.

Yes

Clothing, uniforms and footwear

Yes

·       Compulsory uniform: Uniform must be unique and particular to an organisation (eg corporate uniform).

·       Non-compulsory uniform: If on a register kept by the Department of Industry, Science and Tourism.

·       Occupational specific: The clothing identifies a particular trade, vocation or profession (eg chefs and nurses).

·       Protective: Must be used to protect the person or their conventional clothing. May include sunscreen. 

Club membership fees

No

Coaching classes: Allowed to performing artists to maintain existing skills or obtain related skills.

Yes

Computers and software: Software is deductible if it costs less than $300, otherwise deductible over 2.5 years. Except in-house developed software which is over five years (four years before 1 July 2015)

Yes

Conferences, seminars and training courses: Allowed if designed to maintain or increase employee’s knowledge, skills or ability.

Yes

Conventional clothing

No

Depreciation: Tools, equipment, and plant used for work purposes for each item costing more than $300. Items costing $300 or less are deductible outright in the year of acquisition.

Yes

Driver’s licence: Cost of acquiring and renewing.

No

Dry cleaning: Allowed if the cost of the clothing is also deductible.

Yes

Election expenses of candidates: No limit for Federal, State and Territory.

Yes

Limit of $1,000 for local government.

Employment agreements: Existing employer (see TR 2000/5).

Yes

Not available for new business/employer.

Fines: Imposed by court, or under law of Commonwealth, State, Territory or foreign country (s26-5).

No

First Aid course: Provided it is directly related to employment or business activities.

Yes

Gaming licence: Hospitality and gaming industry.

Yes

Gifts of $2 or more: If made to approved “deductible gift recipient” body or fund. See ato.gov.au for a full list. Gifts to clients are deductible if employees can demonstrate a direct connection with earning assessable income.

Yes

Glasses and contact lenses (prescribed): These would qualify as medical expenses. Deductible if “protective clothing”.

No

Glasses and goggles: Protective only.

Yes

Grooming

No

HELP/HECS repayments

No

Home office expenses: Deductible only to the extent that home or study is used for income-producing purposes. Utility expenses (for example, heat, light, power and depreciation on depreciating assets). Occupancy expenses: For example, rent, insurance, rates and land tax. (But remember the “Shortcut method” can be used).

Yes

Income continuance insurance: Allowed only if the proceeds are assessable.

Yes

Insurance – sickness or accident: When benefits would be assessable income.

Yes

Interest: Allowed if money borrowed for work-related purposes or to finance income earning assets. Interest paid on underpayment of tax (eg general interest charge) is deductible.

Yes

Fines and administrative penalties are not deductible. Interest on capital protected loans deductible except for non-deductible capital protection component.

Internet and computer equipment: Expenses allowed to the extent incurred in deriving individual’s work-related income, carrying on a business or earning investment income (eg share investing).

Yes

Laundry and maintenance: Allowed if the cost of clothing is allowable (see Work related clothing). Reasonable claims of laundry expenses up to $150 do not need to be substantiated.

Yes

Legal expenses: Renewal of existing employment contract.

Yes

Meals

·       Eaten during normal working day.

No

·       Meals acquired when travelling overnight for work-related purpose.

Yes

·       Meals when travelling (not overnight).

No

·       Overtime meals: If allowance received under award.

Yes

Medical examination: Only if from the referral of a work-related business licence.

Yes

Motor vehicle expenses: See Travel expenses.

Newspapers: Claims may be allowed in limited cases if the publication is directly related to income-producing activities.

No

Parking fees and tolls: Includes bridge and road tolls (but not fines) paid while travelling for work-related purposes.

Yes

Photographs (performing arts – with income producing purpose)

Cost of maintaining portfolio.

Yes

Cost of preparing portfolio.

No

Practising certificate: Applies to professional employees.

Yes

Prepaid expenditure for tax shelter arrangements: They must be spread over the period in which the services are provided.

Yes

Prepaid expenses: Non-business individuals and SBE taxpayers claim is fully deductible if services are to be performed in period not exceeding 12 months. All other taxpayers must apportion claim over the period of service.

Yes

Professional association and membership fees: Maximum of $42 if no longer gaining assessable income from that profession. Up front joining fees are generally capital in nature so would not be deductible under s8-1. Annual deductions may also be available in the same year under s8-1 where the criteria are satisfied – s25-55.

Yes

Professional library (books, CDs, videos etc) Established library (depreciation allowed)

Yes

New books: Full claim if cost $300 or less (includes a set if total cost is $300 or less).

Yes

New books: Depreciation if cost over $300 (includes a set if total cost is more than $300).

Yes

Protective equipment: Includes harnesses, goggles, safety glasses, breathing masks, helmets, boots. Claims for sunscreens, sunglasses and wet weather gear allowed if used to provide protection from natural environment.

Yes

Removal and relocation costs If paid by the employer, may be exempt from FBT, but deductible.

No

Repairs (income producing property/or work-related equipment).

Yes

Self-education costs: Claims for fees, books, travel (see below) and equipment etc allowed if there is a direct connection between the course and the person’s income earning activities. No claim for the first $250 if course is undertaken at school or other educational institution and the course confers a qualification. However, that first $250 can be offset against private expenses, eg travel, child minding fees, etc.

Yes

Seminars Including conference and training courses if sufficiently connected to work activities.

Yes

Social functions

No

Stationery (diaries, log books etc.)

Yes

Subscriptions. Publications If a direct connection between publication and income earned by taxpayer.

Yes

Sports clubs.

No

Sun protection. Claims for sunglasses, hats and sunscreen allowed for taxpayers who work outside.

Yes

Superannuation contributions: From 1 July 2017 the requirement that you derive less than 10% of your income from employment sources has been abolished and regardless of your employment arrangement you may be able to claim a tax deduction. Those aged 65 to 74 will still need to meet the work test in order to be eligible to make a contribution and claim a tax deduction. The Government has announced that, from 1 July 2020, it will allow voluntary superannuation contributions to be made by individuals aged 65 and 66 without having to meet the work test. No deduction is available for interest on borrowed monies used to finance deductible personal superannuation contributions.

Yes

Supreme Court library fees Applies to barristers and solicitors if paid on annual basis.

Yes

Tax agent fees (deduction can be claimed in the income year the expense is incurred).

Yes

·       Travel and accommodation expenses if for travel to a tax agent or other recognised tax adviser to obtain tax advice, have returns prepared, be present at audit or object against an assessment.

·       Cost of other incidentals if incurred in having tax return prepared, lodging an objection or appeal or defending an audit.

Technical and professional publications

Yes

Telephones and other telecommunications equipment (including mobiles, pagers and beepers.) Cost of telephone calls (related to work purposes).

Yes

Installation or connection.

No

Rental charges (if “on call” or required to use on regular basis).

Yes

Silent telephone number.

No

Tools (work related only) If cost is $300 or less.

Yes

If cost more than $300, the amount would be depreciable, and the amount deductible equals to the decline in value).

Yes

Trauma insurance. If benefits capital in nature.

No

Travel expenses. Including public transport, motor vehicles and motor cycles, fares, accommodation, meals and incidentals.

·       Travel between home and work.

No

·       Where employee has no usual place of employment (eg travelling salesperson).

Yes

·       If “on call”.

No

·       If actually working before leaving home (eg doctor giving instructions over phone from home. Note that this applies in limited circumstances only).

Yes

·       Must transport bulky equipment (eg builder with bulky tools).

Yes

·       Travel from home (which is a place of business) to usual place of employment.

No

·       Travel from home to alternate work place (for work-related purposes) and return to normal work place (or directly home).

Yes

·       Travel between normal work place and alternate place of employment (or place of business) and return (or directly home).

Yes

·       Travel between two work places.

Yes

·       Travel in course of employment: Note substantiation rules.

Yes

·       Travel accompanied by relative (may be allowed if relative is also performing work-related duties).

No

Union and professional association fees

Yes

Vaccinations

No

Watch: Unless job specific such as a nurse’s job watch.

No

 

Harper Group Pty Ltd – Chartered Accountants Frankston - Ph 9770 1547 

Disclaimer: All information provided in this article is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information.

Please note we at Harper Group Pty Ltd are not licensed to provide financial product advice under the Corporations Act 2001 (Cth) and taxation is only one of the matters that must be considered when making a decision on a financial product, including on whether to make superannuation contributions. You should consider taking advice from the holder of an Australian financial services licence before making a decision on a financial product.

Michael Sinclair