Are you missing these deductions?

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This video has no voice-over. This is everything shown on screen, in order.

1. Tax Time 2025-26Are you missing these deductions?
2. Your tax agent feeThe cost to lodge through a registered agent
3. Income protection premiumsNot if the policy sits inside your super
4. Gifts to a DGR even under $2Donations from 1 July 2024keep the receipt
5. Work Expenses: 3 RulesYou paidnot reimbursedIt relates to earning your incomeYou have a record
6. Not sure what counts? Ask before you lodge.

Sources

• ATO - Claiming deductions

  It does not apply to Tax Time 2025-26.

  you must spend the money yourself and not get a reimbursement

  the expense must directly relate to earning your income

  you must have a record to prove it (usually a receipt).

• ATO - Cost of managing tax affairs

  You can claim a deduction for expenses you incur in managing your own tax affairs, such as the cost to lodge through a registered agent.

• ATO - Income protection insurance

  Only the premiums you pay to protect your income (salary and wages) are deductible.

  is through your superannuation fund and the premiums are deducted from your contributions

• ATO - Gifts and donations

  on or after 1 July 2024, you can claim a deduction for all amounts you donate - even amounts below $2

  To claim a deduction, you must have a record of your donation such as a receipt.

  Not all charities are DGRs.