Best Tax Deductions for Australians
Alesha Masaud • April 8, 2025
Maximise your tax refund this financial year
Tax time is one of the best opportunities to reclaim some of your hard-earned money—if you know where to look. Whether you're a salaried employee, sole trader, or business owner, knowing what you can legally claim can make a serious difference to your refund.
Here’s a list of the top tax deductions Australians should take advantage of this financial year:
1. Work-Related Expenses
If you’ve spent money to do your job, you may be entitled to claim it. This includes:
- Tools, equipment, and laptops
- Protective clothing or uniforms with logos
- Union fees and industry memberships
- Work-related phone and internet costs
- Vehicle and travel expenses (excluding regular commute)
Tip: The ATO requires proof—keep those receipts and use a logbook or usage breakdown.
2. Working from Home Deductions
With remote and hybrid work now common, the ATO allows deductions for home office expenses.
You can claim:
- Electricity and internet (work-use portion)
- Office furniture and equipment (chairs, monitors)
- Stationery and printer supplies
You can choose from the Fixed Rate Method or Actual Cost Method.
You can also use Work from Home logbook to record your work from home hours.
3. Self-Education & Training Costs
If you’re studying to improve skills in your current job, you can claim:
- Course fees (excluding HECS/HELP)
- Textbooks, internet, phone usage
- Travel to attend classes or workshops
Courses must be directly related to your current role, not a completely new career path.
4. Charitable Donations
Made a donation over $2 to a registered charity? You may be eligible for a tax deduction.
- Must be a registered Deductible Gift Recipient (DGR)
- Keep your donation receipts
5. Investment-Related Deductions
If you invest in property or shares, you may be able to claim:
- Interest on investment loans
- Property management and maintenance fees
- Depreciation on property assets
- Financial advice and accounting fees
Pro tip: The more organised your records, the more confident your claims.
6. Super Contributions
Made a personal super contribution outside of your employer? You might be able to claim it as a tax deduction.
Contributions must be received before 30 June.
7. Tax Agent & Accounting Fees
Lodged your return with a registered tax agent last year? You can deduct that cost this year.
Yes—you can claim the cost of using professionals like us!
Don’t Leave Money on the Table
Too many Aussies miss out on deductions they’re legally entitled to. With proper planning and the right advice, you can maximise your refund and stay ATO-compliant.
✅ Want help claiming everything you're entitled to?
Contact us
or Download Tax App Australia and lodge your return in minutes—with expert support, smart deduction tracking, and real results.
Disclaimer:
The content of these blog posts is intended to be of a general nature and should not be construed as tax or any other form of advice. We do not guarantee the accuracy or completeness of the information provided in these blog posts. It is imperative that you consult with a qualified professional, such as a certified accountant at Tax App, before taking any action based on the advice or information contained herein. Your specific financial and tax situation may require personalised guidance, and a professional consultation is recommended to ensure compliance with applicable laws and regulations.
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