In this Tax Tip Tuesday, we look at a question many business owners and employees ask ‘Are my work clothes a tax deduction?’
The ATO allows a tax deduction for a cost of buying and cleaning occupation specific clothing, protective clothing and uniforms that are distinct to your place of work. So what does this mean:
1. Occupation specific clothing
If your occupation requires you to wear specific clothing, that clothing is not something that you wear everyday or in a casual setting, and the public can easily recognise your occupation from your clothing, you can claim a tax deduction for that clothing.
A classic example is a chef’s outfit including the checked pants that they wear. Not something you really want to wear out of hours!
You can find more details on tax deductions for specific occupations here. Continue reading “Tax Tip Tuesday – Are my work clothes a tax deduction?”