Before you come in for your tax appointment there are a number of tax deductions that you may not know about or have forgotten.
Our fourth missed tax deduction is:
Home office:
If you are required to work from home you may be able to claim some home office expenses such as computer costs, electricity and office furniture.
Just keep a record of the number of hours you worked at home. This needs to be a daily record and the best way to track that is through that fantastic piece of technology created by our very own Joanne Kasper, the Gotax “Deduction Grabber”.
As Jo is a stickler for details so you can be assured its reliable and ATO compliant which means it’s a pain in your backside to complete.
You can also download our APP, Deduction Grabber from the Apple or Android Store which will help you record those details.
If you haven’t done so yet, call us now on 38813029 to book your next tax appointment. Make sure you ask the accountant preparing your tax return if you have any queries regarding any of the above.