There are a number of tax deductions for nurses, midwives, and other health professionals available. To ensure that you are aware of all the tax saving benefits available to you, Online Tax Australia has put together the comprehensive list below.
Most of the tax benefits come in the form of tax deductions for out-of-pocket expenses that you have incurred throughout the course of the year that aren’t reimbursed to you by your employer.
Tax Deductions for Nurses: Meals and Travel
- Nurses may claim the cost of meals when working overtime provided you have received a meal allowance from your employer which is based on an Industrial Award. AND that allowance is shown separately on your PAYG certificate. You can claim the actual cost of the meal or up to the Australian Taxation Office allowable limit without retaining receipts. Amounts claimed over that amount will need to be supported with receipts.
- You may claim the cost of travel (including any parking, tolls, taxis and public transport), if you are travelling to or from meetings, seminars, conferences, or training that is not being held at your usual place of work.
- If you are required to stay away from home overnight for the purposes listed above, you may be eligible for a tax claim for the cost of accommodation and any meals consumed.
- You may claim the cost of your personal car if it is used for work purposes, including travel to meetings, conferences or training that is not held at your usual place of work, or to visit your patients at their homes. If you do plan on claiming the cost of using your personal vehicle, you will need to keep a diary of trips in order to provide an estimate of the number of kilometres travelled. For more information on tax rebates for vehicles, visit: Vehicle Tax Deductions.
Tax Deductions for Nurses: Uniforms and Protective Clothing
- As a nurse or health care professional, you can claim the cost of a uniform that is specific to your profession. For more information, visit Uniform Claims.
- There are a number of protective clothing items, specific to the nursing profession that may be claimed as a tax deduction, including:
- Non-slip nursing shoes
- Vests and cardigans
- Safety items such as glasses, gloves, aprons and lab coats
- Conventional clothing is not tax deductible, even if your employer requires that you wear specific items (such as business suits, specific coloured clothing, certain brands or items that your employer sells).
- You can claim the cost of renting, repairing and cleaning any of the work-related or protective clothing mentioned above, with the following provisions:
- If your tax deduction claim for laundry is under $150, no written documentation is required. The Australian Taxation Office calculates the cost of laundry at $1 per load of work-related clothing, or 50 cents per load if other laundry items are included.
- If you are claiming dry-cleaning or clothing repairs, you are required to keep receipts.
Tax Deductions for Nurses: Equipment and Tools
- You can claim a tax deduction for work related equipment and tools that cost less than $300 each.
- Items worth more than $300 each must be depreciated over the useful life. When you enter the item in our depreciation calculator, it will calculate the correct claim for the current year and carry the balance forward to claim in future years.
- If an item is used partly for business, and partly for private purposes, then you are entitled to claim the only the business-related portion.
- Typical equipment and tools eligible for a tax deduction for nurses include:
- Fob watches
- Medical tools and implements
- Electronic equipment such as computers and mobile phones
- Stationery such as diaries, organisers, and log books
- Briefcases and laptop carry bags
Tax Deductions for Nurses: Other Work Related Expenses
There are a number of other work related expenses that may be claims tax deductions by nurses, including:
- Registration fees
- Nursing association or union fees
- Annual practicing certificate
- Agency commission fees
- Subscriptions to professional journals and magazines
Tax Deductions for Nurses: General Expenses
There is also a range of general tax deductions, available to all Australia regardless of profession or occupation, including:
- Conference and seminar fees
- Reference books
- Telephone and internet fees (for the work related portion only)
- Home office costs
- Tax agent fees
- Donations to registered charities
- Income Protection Insurance
For further information, please visit Typical Tax Deductions.
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