Here are our top tips for maximising your refund this year
- Costs of using your own car for work. This doesn't include driving to and from work!
- Costs of travelling for work. If you are required to work away from home, and you spend on meals and accommodation, those costs are often deductible.
- Costs of tools and other equipment. Items costing $300 or less are deductible immediately. Items costing more than $300 are deductible over several years. Things you could claim include tools for a tradie, a laptop for an office worker or even a handbag or briefcase used to carry work papers.