20 Sep Tax Tips for Nurses
- Education and Memberships
- Safety Items
- Your Vehicle
Tax Tips for Nurses
Long shifts, challenging patients and demanding doctors. You’re physically and mentally exhausted and are looking forward to having a few hours of time to yourself before you have to go back to work.
Perhaps you’ll sleep, maybe you’ll go for a walk and actually see some blue sky or maybe binge-watch that show you’re three seasons behind on.
Wait, have you done your tax return?
The POP app is designed with you in mind; it’s fast, easy to use and you don’t even need to leave the comfort of your couch to get your refund. Inside the app is a huge amount of information related directly to nurses just like you, but here are a few tips to get you started:
1. Education and Memberships
Continuing Professional Development (CPD) and memberships for things like the Nursing and Midwifery Board are tax-deductible expenses. If you pay for your CPD through an online educator, ask for receipts to be emailed to you when your fees are paid. Also, don’t forget your union fees and any subscriptions you may have.
2. Safety Items
In most industries, safety items are tax-deductible and nursing is no exception. Things like safety glasses, shoes with non-slip soles and protective outerwear such as lab coats are all deemed to be safety items. Hot tip – every time you buy anything, use your phone to take a picture of the receipt. That way, rather than looking for receipts you can just scroll back through your phone.
Really hot tip – back up your phone.
3. Your Vehicle
While you can’t claim for going to and from work, if you are required to visit patients, or travel during your shift, then it may be wise to keep a logbook. Keeping track of the amount of travel you do is doubly important because you are not only being reimbursed for petrol but also wear and tear to your vehicle. Don’t brush it off as not important.
You have been claiming for laundry, right? As a member of the healthcare industry, you probably rack up quite the laundry bill, either through your own washing machine, or a professional laundry service. You are able to claim up to $150 in laundry costs without receipts, so if you use an external supplier, make sure you take pictures of your receipts.
Of course, the best way to get all this done quickly is to jump on the POP app and see what people just like you claim for. In the time it takes to make a cup of coffee that you won’t get time to finish, you can have your tax completed and your refund on the way.