At Reliance Accounting, we’ve been simplifying taxes & accounting for Australians for the last 15 years. Every year, thousands of Australians miss out on valuable tax deductions simply because they don’t know what they can claim.

To help you get the most out of tax time, here are the top 10 ATO deductions for individuals:

1. Work-Related Expenses

If you’ve bought uniforms, protective gear, or tools needed for your job, these may be claimable.

2. Home Office Costs

With more Australians working from home, you may claim a portion of electricity, internet, phone bills, and even office furniture.

3. Self-Education Costs

Training courses, seminars, and workshops that enhance your current work skills are often deductible.

4. Vehicle & Travel Expenses

Using your car for work (not just commuting) may allow deductions for fuel, servicing, and even depreciation.

5. Union & Professional Membership Fees

Annual fees paid to professional bodies or unions are deductible.

6. Subscriptions & Publications

Industry-related journals, online tools, and trade publications may qualify.

7. Tax Agent Fees

The cost of having your tax return prepared by a registered agent (like Reliance Accounting) is deductible.

8. Donations to Registered Charities

Any donation over $2 to a registered Australian charity is claimable.

9. Income Protection Insurance

Premiums for income protection insurance are deductible (note: life insurance is not).

10. Investment Expenses

If you earn money from shares or rental property, associated expenses may also be deductible.