How to Claim Deductions for Bulky Tools

Car deductions are possible if you use your own car for work related purposes. For ATO purposes, a car must be defined as a vehicle carrying less than nine passengers and designed to carry less than one ton of load. The sense per kilometer method means you can claim a maximum 5000 kilometers work-related per financial year. You can only claim deductions which have not been reimbursed by your workplace. This is the holy grail of deductions - it's important to know what is claimable and what isn't claimable.