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094 income and deductions!

Dev Raga Personal Finance

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What Can I Claim as a Deduction?

Deborah Braga: In Australia, if your credit is more than your taxes, then you actually get a refund. This was a point of contention and difference between the two major political parties recently in the last federal election. She explains what sort of things you can claim as a deduction when it comes to your income or related to earning your income. And that's basically it for this episode. I've kept it very brief but in upcoming episodes, I will go specifically into each of these deductions so we can get a bit of an understanding of what is legit and what is not legit.

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