TRADES PEOPLE ARE OFTEN TARGETED BY ATO
Each year the ATO pick certain industries and areas of employment to target for review and audit. Trades persons are often looked at closely due to the large level of deductions claimed by people employed in this area.
This is where we come in
have been involved in the preparation of taxation returns for people in the Building and Construction industry for many years. This experience has made them realise that many trade professionals are not maximising their claims as they are un-sure as to the types of work-related deductions they are entitled to claim.
Did you know that as a trades person you can claim for things like:
- the cost of using your car to travel between your home and work if you had to carry bulky tools and equipment and there is no secure storage area at your work
- cleaning of work clothing (with a logo) or protective clothing
- a portion of your mobile phone if you use it to make calls for work purposes
- sun protection costs, i.e. sunglasses, hats and sunscreen lotion, if you are required to work outdoors for all or part of the day
- and much, much more…
service the Penrith and surrounding area. Appointments can be made after hours and on Saturdays during July to October. Meetings can also be done over the phone and documents sent via email or post, it’s that easy. We can also assist with BAS preparations, bookkeeping, budgeting and more…
Don’t get caught out this year,