The fly in fly out tax deductions that are available to Australians are diverse, and can be quite complicated. That’s why Online Tax Australia is here to help. We have extensive experience (gained over more than 20 years in the industry) helping mine employees and a range of other fly in fly out personnel lodge their online tax returns each year.
So, to ensure that you are aware of all the tax saving benefits available to you, we have put together the comprehensive list below. Most of the tax benefits for fly in fly out workers are for tax deductible out-of-pocket expenses that you have incurred throughout the course of the year that your employer does not reimburse.
Fly In Fly Out Tax Deductions: Meals and Travel
- You 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 cannot claim your travel expenses for travelling between your home and the specific work/mining location as nominated by your employer under your fly in fly out arrangements.
- 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. If you do plan on claiming the cost of using your personal vehicle, you will need to keep a diary of the number of kilometres travelled.
For more information on tax rebates for vehicles, visit: Vehicle Tax Deductions
Fly In Fly Out Tax Deductions: Uniforms and Protective Clothing
- You may claim the cost of specific employment clothing as long as it features your employer’s logo.
- There are a number of protective clothing items that may be a tax deduction, including:
- Safety items such as glasses, gloves, masks, steel-cap boots and high visibility clothing
- Sun protection equipment including sunscreen, sunglasses and hats
- 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.
For more information, visit Uniform Claims
Fly In Fly Out Tax Deductions: 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 include:
- Power tools and Equipment
- Electronic equipment such as computers, Ipads and mobile phones
- Materials or supplies that you buy for use at work such as safety gear, beacons, first aid and GPS equipment
Fly in Fly Out Tax Deductions: Other Work Related Expenses
There are a number of other work related expenses that may be claimed as a tax deduction by fly in fly out employees, including:
- Annual membership or union fees, such as CFMEU fees
- Fees to renew machinery operating licences and tickets required for your work (apart from a normal drivers licence)
Fly in Fly Out Tax Deductions: 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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- Tax refunds within 10 to 14 days from lodgement (subject to ATO processing).
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- Free to try. No obligation. Should you complete a return and decide not to submit it for review and lodgement by us then no fee is payable. Contact Online Tax Australia for All Your Online Tax Return Needs
If you’ve been searching for an experienced, professionally qualified, transparent accountant that truly understands tax rules and regulations in relation to fly in fly out working contracts, then contact the friendly team at Online Tax Australia today:
- Call us on (03) 9852 9051
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