Institute News

 

Tax Time 2020

Published: 27/04/2020

 

 

Occupation and industry specific guides
- 2020

There have been a number of things that may be impacting some members tax returns for the 2019/20 lodgement year especially given the impacts of COVID19. There have been a number of government initiatives and benefits that some of us may have been able to claim.

You need to keep in mind that you will be required to include all the income you received during the financial year in your tax return, including salary and wages and allowances.

To claim a deduction for expenses that relate to your work:

  • 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.

The following guides for specific industries and occupations will help you to correctly report your income and allowances, and claim deductions for the work-related expenses you are entitled to:

Here are some Quick Guides to assist members:

Bus Drivers

Australian Defence Force Members

IT Professionals

Train Drivers

Truck Drivers

Employees Guide to Work Expenses

Sectional Partners

Email: admin@cilta.com.au  | Phone: 1300 68 11 34 | Address: PO Box 3161, Caroline Springs, Vic 3023 | ABN 47 367 894 930 All rights reserved.

 

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