No, it’s not the most exciting time of year, but it is about making sure you’re prepared.
Mentor Tip: Don’t Rely on Your Mates for Tax Advice
We’ve all heard it:
“My mate reckons you can claim that.”
The truth is that everyone’s situation is different.
Before lodging your tax return:
• Check official ATO information
• Make sure your claims relate to your work
• Keep records and receipts
• Ask questions if you’re unsure
Common Apprentice Expenses
You may be able to claim certain work-related expenses, including:
• Tools and equipment
• Protective clothing
• Union fees
• Training and study costs
• Some work-related travel expenses
Remember: If you can’t show how an expense relates to your work, you probably can’t claim it.
Mentors Can Help With More Than Work
Tax time often gets people thinking about their finances.
Whether you’re trying to:
• Save for a car
• Build an emergency fund
• Manage rising living costs
• Understand your payslip
• Create a budget that actually works
Your Mas mentor can help you build confidence with money and connect you with useful resources.
Reach out through the app at any time.
Want to Learn More?
For reliable tax information, check out this resource from the Australian Taxation Office: https://bit.ly/4oL1qyj