Tax Deductions you can claim There are 3 things you need to claim a work-related deduction: 1. You must have spent the money yourself and weren’t reimbursed; 2. It must be directly related to earning your income; and 3. You must have a record to prove it. The ATO allows you to claim up to $300 for work related expenses …
Employee or Contractor ?
The Undercover Employee The Tax Office’s ongoing compliance efforts have some constant focus. One of these is the often flawed characterisation of an employee as a contractor by businesses. Characterisation is fraught with elements of complexity. For instance, entitlement to annual leave, sick leave and other benefits may arise. An employer’s liability to work cover and payroll tax in …