Here are some important tips
Keep track of tax deductions year-round
Work-related tax deductions are an important way to improve your tax refund. Do you know every deduction and work-related expense that you’re legally entitled to claim on your tax return? For most of us, the answer to this question is “no”. That’s why more than 71 per cent use an tax agent like Ample Finance Just ask your tax agent about tax-deductible expenses and what you can claim, because they can often suggest an additional deduction you didn’t know about.
Enter all of your income
This includes everything earned from your job, bank interest, Centrelink payment, rental property income and investment income. If you don’t add all of your income at the start, the ATO will find it later and you might get a lower refund than you hoped.
Claim Work-Related Mobile Phone Expenses
If you use your mobile phone for work-related calls, then you can also claim a proportion of your yearly mobile phone bill on your tax return.
To work out the proportion of your mobile phone bill you can claim, you’ll need a monthly account statement from a “typical” month, and a calculator. Work out the percentage of work related calls you made, and then claim that percentage of your yearly bill.