Deduction for the Purchase of Tools
If you are a salaried tradesperson, you may be entitled to claim a deduction for tools you purchased to earn employment income.
If you are an eligible apprentice mechanic, you may also claim an additional deduction for the tools purchased.
To claim these deductions, you must meet the following conditions:
- Your employment contract stipulates that you are required to supply tools in the course of your employment.
- The cost of the tools was not reimbursed to you and does not entitle you to a reimbursement.