Are you not sure what to claim as a tax deduction?
Visit the Etax Deduction Finder!
One of the most common topics our clients ask us about is allowable deductions on their tax return.
Claimable expenses can be confusing, and many people overlook expenses that can improve their refunds. To make this process easier, our Accountants developed the Etax Deduction Finder.
Available as part of the Etax.com.au Online Tax Return, the Etax Deduction Finder contains the average deductions claimed by individuals in 72 common occupations. This is a great guide to deductions and is available free of charge to all of our registered clients.
How can I access the Etax Deduction Finder?
From step three of your online tax return, simply click on any of the ‘more help options’ buttons.
- From the Etax Help page, click ‘Deduction Finder’. A new window will pop up with the Etax Deduction Finder.
- Simply scroll down and select your occupation. You will then see deduction suggestions, plus the average value of deductions from other people in the same occupation as yourself.
Please note that the figures in the occupation and deduction tables are a guide only. Depending on your personal situation, you may be entitled to claim more or less than the average amounts shown in the deduction finder.
After you complete and sign your tax return at Etax.com.au, an accountant will review your return to ensure you get the most from your deductions.
If your occupation isn’t listed in the Deduction Finder, please complete your tax return as best you can, then contact us: An Etax accountant will be happy to provide you with advice about deductions that can maximise your refund.