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Favourite Ask Questions (FAQ)

1. What deductions can I claim as an Individual ?

The ATO has published a comprehensive list in helping you identify common expenses incurred in your occupation. Link below 
 
​https://www.ato.gov.au/Individuals/Income-and-deductions/Occupation-and-industry-specific-guides/#Tailoredguides


2. How can I maximise my deductions ? 

One way to maximise your deductions is to identify the expenses you incurred in deriving assessable income. A practical step is reviewing your bank statements. Its easy to forget that we incurred such expenses. By reviewing your bank statements, you will also be able to recognise where and what your money is spent on

You can also contact us to help review your bank statements

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Contact details
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​​Email                        : [email protected]
Phone/Whatsapp   : 0432 943 249
Address                   : Level 4 301 Hampshire Rd, Sunshine VIC 3020 (booking required) 

Grace Accountants Pty Ltd  | ABN: 34 655 666 676  | All Rights Reserved