Apurv Bhalla CPA Accountant at Success Tax Professionals

What tax expenses can I claim as an IT professional?

Aside from home-office expenses, what else can you claim in your tax return as an IT professional?

Answer

Top voted answer

Liam Shorte, Director, SMSF Specialist Advisor & Financial Planner at Verante Financial Planning & The SMSF Coach

Here is a link to the ATO's page specifically for IT professionals. http://www.ato.gov.au/individuals/content.aspx?doc=/content/00322817.htm

Cliona Elliott, SEO Copywriter at Intrepid Travel

IT professionals can claim a range of tax deductions for work-related expenses. Below is a summary of the most common:

Work-related expenses
Self-education expenses
Car expenses
Clothing bought to be used specifically for your job, e.g. a uniform
Work-related phone and internet expenses
Tools and equipment used for work
Professional association and union fees

You can find detailed information about the above on the ATO's website: https://www.ato.gov.au/Individuals/Income-and-deductions/In-detail/Occupation-and-industry-specific-guides/IT-professionals---income-and-work-related-deductions/?anchor=Deductions#Deductions

Apurv Bhalla CPA, Accountant at Success Tax Professionals

Top 20% Tax

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