tax time

[handbagwitheyes]

I know this is an old chestnut but i need an accountant in sydney (somewhere near the city) who is up to speed with tax returns for pilots who have nothing to deduct but their hair.
Thanks in advance.

[Composite Man]

At least you have hair, mine got deducted many tax times ago :eek:

[Best Speed]

Can you claim driving to work?:confused:

[blade.runner]

Great guy in rockdale sydney....perhaps not close enough to the city?
If you want his details let me know and I will PEE Em them to you....or
Contact the association...they usually have a few names on file

[Composite Man]

As a rule you can't claim the cost of driving to work. If you were required to drive between two bases after having signed on then you might be able to claim the cost for that trip alone, but you may have to keep records etc.

Cost of anti-glare sunglasses and non-spark shoes (CAO's require them if you are involved in fuelling operations) can all be claimed.

Here is a link to the ATO guide for Airline Employees which may help.

http://www.ato.gov.au/content/downloads/NAT2331-03.pdf

[handbagwitheyes]

blade.runner
thanks. if you could PM his details that would be a big help.

[bubble.head]

I personally believe you can actually claim your travel from home to work.

According to this Airline employees 2008-09 (http://www.ato.gov.au/individuals/content.asp?doc=/content/00191814.htm&page=4&H4)You can claim a deduction for the cost of using your car to travel between home and work if:

you have to carry bulky tools or equipment and there is no secure area for storing your tools or equipment at workLooking at the first point, our nav bags are bulky equipments to lug around? With the two Jeps, and other company's relevant information it adds to a pretty heavy load. Not to forget any overnight suitcase/bags and you would be Arnold by the week's end.

One can also whether a crew room is a secure area? Surely if the area is not dedicated for your own personal storage, with the ability to lock/secure your personal items it can be argued as no secure area?

[Howard Hughes]

If you were required to drive between two bases after having signed on then you might be able to claim the cost for that trip alone, but you may have to keep records
No records required if you travel less than 5000 klms per year, you do however need to be able to show how you arrived at the figure!:ok:

If you have nothing to claim, I would recommend reading the guides and doing it yourself!

Here is a short (by no means exhaustive) list of things that you can claim:

Medical (including CASA fee)
Jepp's/Publications
ASIC card
Sunglasses
Luggage
Computer/Laptop including depreciation
Internet/Phone if required to be contactable (who isn't)
Car/Travel expenses (eg: travel between bases/collecting, mail etc...)
Self Education (Uni/ATPL's)
Union Fees
Subscriptions to Professional Journals
Cost of tax agent from previous year
Safety Boots/Safety Gear
Laundry Expenses (up to $150 claimable without receipts)

Now a lot of these will be covered by your employer, but if not make sure they are included in your tax return.

Cheers, HH.:ok:

PS: Perhaps others can add to this list!

[alonm]

In the picture accounting in surry hills 92115777

[Beeroclock]

Can somebody in the know tell me if you can claim an endorsement?

[Howard Hughes]

If you are already employed and require the endorsement for your position, then yes! There is a tax ruling somewhere...

Try here for anwers! (http://www.pprune.org/3293753-post17.html):ok:

[machadotaughtme]

not another one paying for it :=

[Cravenmorehead]

It's only a worry if they audit you and catch you claiming something that is not ridgy didge.
Be careful keep records and receipts and don't be greedy. They look for sudden increases in claims or sudden decreases in income. If a flag appears then they may audit you. Sometimes they target specific professions, ie taxi drivers, Doctors. I have had two. Got away relatively unschathed on both of them. I got pinged for claiming the Friday Australian as a periodical, and a PO Box address. I Had to pay a small fine; a percentage of the claim I think. If I had been really over doing it. Not had receipts, that I had to show by the way. Then I would have had my affaris for I believe the last three years looked at. It was a monumental pain and very time consuming.
The other one was when I was a VRF joy flight pilot in the centre and I claimed my Instrument rating. The firm had a 402. They queried it as it was a claim of I think $3000.00, a lot back in 1985 and considering I only earn't $18,000 they flagged it as an anomoly. I had to write a letter explaining the details, and about a month or so later got a cheque in the mail. They paid the claim. On both occassions I had reputable firms behind me.

A lot of friends of mine used to rave about how good this one Accountant was. She ended up in jail and everyone of her clients got audited. So beware of imaginative accountants. Any of the larger firms that are registered can do Pilots tax, it takes no special person to look after a straight PAYE claim.
Craven