Bottrell Accountants, Financial Planners & Tax Agents

East Maitland Accountants & Financial Advisors, Newcastle Accountants & Financial Advisors

Miners Tax Deductions

Are you a Miner and pay a lot of tax? Do you know what your entitlements are when it comes to deductions? Read on to find out what you might be eligible to claim.

To claim a deduction for work related expenses;

  • you must have spent the money yourself and weren’t reimbursed
  • it must be directly related to earning your income
  • you must have a record to prove it.*

You can only claim the work-related part of expenses. You can’t claim a deduction for any part of the expense that relates to personal use.

miners travel expenses

Other expenses you can claim include:

  • sunscreen and sunglasses if you’re required to work outside
  • the work-related portion of phone expenses if you have to make phone calls or send texts for work
  • union fees
  • Renewing – not obtaining – machinery licences.

For a full list click the link ->  Miners Tax Deductions

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