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?
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
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