The ATO has prepared a range of resources to tradies during this difficult period.

As many individual’s working situations may have changed due to the Coronavirus pandemic, it is now more important than ever that tradies understand how to best prepare and lodge their tax returns, to ensure they claim their applicable deductions. The ATO has launched its Tax Time 2020 campaign to help tradies understand how to best prepare and lodge their tax returns.

We have attached a number of specific resources: These include:

  1. Tradie Tax Time Poster – This poster provides helpful information on which expenses building and construction workers can and cannot claim at tax time.
  2. Building and Construction Toolkit – This toolkit contains five posters (apprentice, construction worker, engineer, office worker and tradie). It also contains a general work-related expense guide for the building and construction sector.
  3. Pre-drafted social media posts and a newsletter article that you can include in your relevant communication channels, also available on page 12 and 13 of the building and construction toolkit. 

Also and in light of the current situation, the ATO will be implementing a series of administrative measures to further assist Australian businesses currently experiencing financial difficulty as a result of the Coronavirus outbreak.

Please visit www.ato.gov.au/coronavirus for more information on the different relief measures available to businesses