Looking for stress-free, fixed-fee accounting services? Book a FREE consultation with us: [ Ссылка ]
Need cloud accounting software?
Sign up for Xero: [ Ссылка ] (this is an affiliate and I will make a small commission at no extra cost to you)
Education is one of the most important sectors in the country. And yet, most teachers are unaware of the tax deductions they can claim.
Teacher tax deductions can have a significant benefit on your annual tax return, but before diving into the deductions, let’s take a quick look at what criteria you need to meet to claim these teachers tax deductions.
So you’ll want to stick around to see what the ATO allows you to claim.
CHAPTERS:
0:00 - Introduction
0:24 - ATO Requirements to Claim Teachers Tax Deductions
1:57 - Teacher Tax Deductions for Travelling Expenses
2:36 - Teacher Tax Deductions for Travelling Expense Example #1
3:47 - Teacher Tax Deductions for Travelling expense Example #2
4:04 - Teacher Tax Deductions for Home Office Expenses
4:53 - Teacher Tax Deductions for Self-Education Expenses
5:36 - Teacher Tax Deductions for Self-Education Categories
7:16 - Teacher Tax Deductions for Clothing Related Expenses
8:23 - What You Can’t Claim as Teachers Tax Deductions
9:28 - Final Thoughts
—
Thank you for watching this video. I post weekly videos on this channel to provide the latest and most frequently asked business questions. Please take a second to say hi in the comments below. If you enjoy my content and find it valuable, subscribe to the channel, like and share it with anyone you think might find my channel useful!
—
► Subscribe to my channel here:
[ Ссылка ]
—
Davie has over 10 years of experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients.
Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses.
He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales.
—
Follow Me:
LinkedIn: [ Ссылка ]
Instagram: [ Ссылка ]
Facebook: [ Ссылка ]
Website: [ Ссылка ]
—
DISCLAIMER: Please note that every effort has been made to ensure that the information provided in this video is accurate. You should note, however, that the information is intended as a guide only, providing an overview of general information available to contractors and small businesses. This guide is not intended to be an exhaustive source of information and should not be seen to constitute legal or tax advice. You should, where necessary, seek your own advice for any legal or tax issues raised in your business affairs.
TEACHER TAX DEDUCTIONS YOU NEED TO KNOW
Теги
box advisory servicesdavie machtax deductions for teacherswhat are the common tax deductions for teachers working from hometax deductions for teachers australiahow can a teacher claim tax deductionstax deductions for educatorsteacher tax deductionstax deductions working from hometax deductions working from home teacherswhat are the ATO requirements for teachers tax deductionsteacher tax tipstax deductions teachers can claim