Imagine a career where you have the power to control your earnings, your schedule, and your future.
As a Registered Nurse (RN), becoming an Australian Business Number (ABN) holder can turn this dream into a reality. Market research reveals that ABN holders can unlock a treasure trove of financial benefits.
The magic doesn’t stop there. As an ABN holder, you’ll enjoy the flexibility to craft a work schedule that suits your personal needs, promoting a healthier work-life balance. No more rigid shift patterns—choose assignments that align with your career goals and interests, making your professional journey not only profitable but also deeply fulfilling.
Moreover, stepping into the ABN world opens the door to a wealth of tax-deductible expenses. By claiming these deductions, you can reduce your taxable income and significantly boost your net earnings.
Claimable Expenses:
- Overtime meals
- Travel expenses
- Personal car usage
- Overnight accommodation costs
- Uniforms and protective clothing
- Repair and cleaning of uniforms and protective clothing
- Safety items: gloves, non-slip nursing shoes, safety glasses, lab coats, aprons, stockings, and vests
- Training and self-education course fees
- Equipment and expenses related to training courses
- Purchase and repair costs of work-related equipment
- Stationery
- Books and journals
- Work-related phone and internet expenses
- Log book
- Briefcase or work bag
- Fob watch
- Union fees
- Professional memberships and subscriptions
- Annual certification fees
- Agency commissions/fees
Disclaimer: This list serves as a guide only, and professional advice should be sought for individual tax situations. Your tax agent will advise you on what you can and can’t claim, in keeping with your own particular circumstances