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Nurse, midwife and direct carer – claiming work-related expenses

Nurse, midwife and direct carer - claiming work-related expenses This summary outlines some of the deductions you can and cannot claim as a nurse, midwife and direct carer employee. Firstly, look at the particular rule of reportable fringe benefits for this field. Reportable fringe benefits Your employer is required to report the total grossed-up amount of certain fringe benefits exceeding $2,000 provided to you or your relatives on your payment summary. Car expenses There are four ways to work out your car expenses. The four methods are: Cents per kilometre Logbook 12% of original value One-third of actual expenses For [...]

Deductions for Specific Industries

Introduction to Deductions When completing your tax return, you're entitled to claim deductions for some expenses depending on employee industries, most of which are directly related to earning your income. To claim a work-related deduction: you must have spent the money yourself and weren't reimbursed it must be related to your job you must have a record to prove it (there are some limited exceptions) If the expense was for both work and private purposes, you can only claim a deduction for the work-related portion Deductions you can claim for Specific Industries In order to get the best Tax Refund, [...]