I’m a tradie. What tax deductions can I claim?
People who work in a trade such as builders, plumbers and electricians to name a few, often pay for work-related expenses out of their own pockets. And when you’re working long hours or busy meeting deadlines, it doesn’t leave you much time or energy to think about your taxes.
Unfortunately this means many tradespeople end up paying too much tax and miss out on hundreds (and in some cases thousands) of dollars worth of claimable expenses every year.
Do you get everything back you deserve from the ATO at tax time? Here are our common tips on tax deductions for tradies.