Tax deductions for bank workers
Bank workers receive deposits and pay out money in financial and commercial institutions, keep records of transactions, issue receipts and cash cheques.
Average weekly pay: $1,101
Employment size: 62,200
Future growth: Stable
Skill level Certificate II or III
Typical tax deductions include:
Motor vehicle travel to and from work if having shifting places of work – working at more than one site each day before returning home.
Motor vehicle travel between offices, visiting clients and attending training courses.
Phone and internet – work %.
Handbags, briefcases, and satchels.
Professional seminars, courses, conferences and workshops.
Overnight travel expenses visiting clients, attending different workplaces, or for training.
Reference books, technical journals and trade magazines.
Self-education courses related to the current job.
Home office running expenses.
Union fees, professional memberships and subscriptions.
Cost of business lunches – even if discussing business matters.
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Self education expenses
Computers, tools, equipment and other assets
Compulsory work uniform
Union fees, licences, registrations and subscriptions
Phone and internet
Motor vehicle expenses: cents per km method
Home office running expenses
Handbags, briefcases and satchels
Overnight travel expenses
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