ATO tips for tradies and apprentices!

Did your tools get put to good use this year? From car and travel expenses to tools and protective gear, the Australian Taxation Office (ATO) has a handy tax time guide for construction workers and tradies to help you work out what you can and can’t claim this tax time.

As many individual’s working situations may have changed due to COVID-19, it is now more important than ever that tradies and construction workers understand how to best prepare and lodge their tax returns, to ensure they claim the correct deductions. 

Make your life easier by downloading the ATO app to keep all your work-related receipts and invoices in one spot, forget stashing them in your glove box. And once you’ve lodged, you can use the app to keep track of the progress of your return. Just remember most tax returns lodged online take about two weeks to be processed.

COVID-19 didn’t put a stop to the renovations, but it might’ve impacted your claims. COVID-19 tests purchased for work are now tax deductible. You can claim a deduction for COVID tests you paid for from 1 July 2021, if you:

  • used the test for a work-related purpose
  • had a qualifying COVID-19 test, such as a PCR test or a RAT
  • have a record of your purchase
  • paid for the test yourself and were not reimbursed for the cost by your employer.

Also, have you got an apprentice? Steer them in the right direction and get them to head to on their next lunch break.