Tax Deductions for Factory Workers
28 March 2018
Average weekly pay: $1,027
Employment size: 30,900
Future growth: Very Strong
Skill level High School or Certificate I
Factory workers are people employed in factories.
Their tasks include:
- Weighing, measuring, mixing, dissolving, boiling, and adding ingredients/materials.
- Monitoring product quality before packaging by inspecting, taking samples and adjusting processing.
- Operating machines, cleaning equipment, moving products from production lines, and packaging.
Typical tax deductions include:
- Mobile phones, calculators, electronic organisers, computers, computer software, tools and equipment. Items costing more than $300 each need to be depreciated over their effective life.
- Sunglasses, sunhats, and sunscreens (if required to work outside).
- Phone, internet and home office expenses (less private portion).
- Motor vehicle costs to attend work meetings, attend training courses, pick up supplies and driving between or around job sites.
- Protective clothing and equipment including safety helmets, safety glasses, goggles breathing masks, high visibility vests, and winter outdoor jackets.
- Union and professional association renewal fees, cost of renewing machinery operating licences and tickets.
- Overtime meals (if paid a meal allowance under an industrial award).
None deductible expenses:
- iPods and digital media services (even if used to listen to music at work).
- Normal drivers licence.
Posted in Occupation Deductions
"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2