Tax Deductions Checklist

for Medical Professionals

2022-23 Tax Return

Work Related Car Expenses:

When using your own car in the course of performing your job, such as:

  • Attending conferences or meetings.
  • Delivering or Collecting items or suppliers.
  • Travel between two separate places of employment.
  • Travel from your normal place of work to an alternative place of work.
  • Does not include travel between home and your usual place of work.


Two available methods:

  • Set rate of .78c per kilometer (up to maximum of 5,000km).
  • Logbook method - completed for 12 weeks, providing a business use % of your car. This business use % is then applied against your car's running costs, depreciation, finance interest and other holding costs to determine the deductible amount.


Conference Expenses:

  • Includes travel, accommodation, meals and incidental.


Memberships, Registrations & Subscriptions:

  • Memberships e.g. RACP, RAGCP, RACS, ACCRM
  • Registrations e.g. AHPRA
  • Professional Journals


Equipment & Supplies:

  • Laptop or Tablet
  • Bag / Briefcase
  • Stethoscope
  • Any other medical supplies or tools of trade


Insurances:

  • Professional Indemnity
  • Income Protection


Self-Education & Professional Development:

  • Courses
  • Textbooks/Stationery


Home Office Costs:

  • Portion of heating & lighting of home office
  • Mobile Phone
  • Internet


Other:

  • Donations
  • Accountants & Tax Agents

Discuss Further?

If you would like to discuss this, please get in touch.

Disclaimer
The information provided in this information sheet does not constitute advice. The information is of a general nature only and does not take into account your individual situation. It should not be used, relied upon, or treated as a substitute for specific professional advice. We recommend that you contact Brentnalls SA before making any decision to discuss your particular requirements or circumstances. 

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