Employee Tax Deductions

Employees are generally not able to claim any expenditure against their salary and wages, however there are two common exceptions to this as follows:

  1. Expenditure incurred in preparing a tax return is deductible, including for salary and wage employee
  2. Insurance premiums relating to income protection insurance are deductible including for salary and wage employees.

 

2012-04-01T09:00:35+00:00April 1st, 2012|Tax|

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