Deduction Finder
As a registered client, you can get access to our Deduction Finder which outlines the average deduction available in each Deduction Item on your tax return so you can compare and check if you are meeting the occupation standard for your deduction. Please note that these are averages only and your deductions may be more or less depending on your circumstances.The Deduction Finder allows you to search for tax deductions specifically related to your occupation so that you are able to claim the right amount of tax refund (if you are entitled to one). For some clients, this tool can assist in increasing the size of their refund.
You can gain access to the Deduction Finder via our Etax Knowledge Base.
An example for Building Workers is below.
|
Tax Item |
Description |
Average Deduction |
|
D1 |
Work-related car expenses |
$1499 |
|
D2 |
Work-related travel expenses |
$452 |
|
D3 |
Work-related clothing, laundry and
dry cleaning expenses |
$250 |
|
D4 |
Work-related self-education expenses |
$645 |
|
D5 |
Other work-related expenses |
$322 |
|
D6 |
Low value pool deduction |
$293 |
|
D7 |
Interest and dividend deductions |
$1075 |
|
D8 |
Gifts or donations |
$146 |
|
D9 |
Cost of managing tax affairs |
$96 |
|
D10 |
Australian film industry incentives |
N/A |
|
D11 |
Deductible amount of undeducted
purchase price of a foreign pension or annuity |
N/A |
|
D12 |
Personal superannuation contributions |
$786 |
|
D13 |
Deduction for project pool |
N/A |
|
D14 |
Forestry managed investment scheme deduction |
N/A |
|
D15 |
Other deductions |
$605 |