The ATO cautions that it is important IT professionals only claim the work-related expenses they are entitled to when completing their tax returns, including car expenses using the cents per kilometre method, self-education expenses and computers, software and telecommunications equipment used for work.
The ATO cautions that, even if you lodge your tax return through a registered tax professional, you are responsible for providing proof of your expenses.
In most situations, the ATO says that you can claim deductions for work-related expenses if you incurred the expense in doing your job, the expense is not a private expense and if you can show you incurred the expense by producing receipts or other written evidence - unless an exception applies.
• Incorrect claims for self-education expenses due to an insufficient connection between self-education and current work activities
• Failure to reduce allowable self-education expense by $250 when the course of education is provided by an educational institution to gain qualifications for use in a profession, business, trade or employment
• Failure to keep records for work-related expense claims. You do not need receipts if your work-related expenses are $300 or less, but you must be able to show the deduction relates to your income and how you calculated the amount you claimed. If you claimed more than $300 for work-related expenses, you must keep written evidence, such as receipts for the whole amount, not just the amount over $300. Generally, you must keep your written evidence for five years from the date you lodge your tax return