Loading
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
drrr(Newbie)Newbie
7 Sept 2023

Hello there, appreciate your collective wisdom:


Background:

I am a (very) rural GP who lives in a small town of 600 pop. As such I am on-call 24/7.


Situation:

I am looking to buy a doctor's bag to hold my equipment at home for when / if I am called overnight / for emergency home visits. I will also be using this bag to travel to conferences out of town.


Question:

Supposedly I wanted to buy an expensive work bag $3000-4000 for this purpose will that be a problem with the ATO?


Is there an upper limit to the costs of work bags we are allowed to purchase? Assume I only get 1 for the entire scope of my work.


Best

Country Doc

338 views
1 replies
338 views
1 replies

Most helpful response

Most helpful reply

EdenATO(Community Support)Community Support
8 Sept 2023

Hello there @drrr,


You can claim a deduction for a work-related expense if:

  • You must have spent the money yourself and weren’t reimbursed
  • The expense directly relates to you earning income
  • You have a record to prove it (receipt)

 

Because the bag will be more than $300, You cannot claim the deduction all at once. You will need to claim your deduction over time as a depreciating asset.

 

Our guide to depreciating assets for 2023 can give you more info.

All replies

Most helpful reply

EdenATO(Community Support)Community Support
8 Sept 2023

Hello there @drrr,


You can claim a deduction for a work-related expense if:

  • You must have spent the money yourself and weren’t reimbursed
  • The expense directly relates to you earning income
  • You have a record to prove it (receipt)

 

Because the bag will be more than $300, You cannot claim the deduction all at once. You will need to claim your deduction over time as a depreciating asset.

 

Our guide to depreciating assets for 2023 can give you more info.

Featured articles

Tax tips for managing your side hustle

22 Apr 2024 · 6 min read time

Tax on gifts and inheritances

15 Apr 2026 · 5 min read time

How much tax should I pay on a second job? Claiming the tax-free threshold

15 Apr 2026 · 4 min read time

Top liked users

  1. Bruce4Tax

    (Taxicorn)

    3248 likes

  2. Taxduck

    (Taxicorn)

    2049 likes

  3. PayrollDeanne

    (Taxicorn)

    812 likes

  4. YellowPotato

    (Taxicorn)

    519 likes

  5. knaresbro

    (Devotee)

    364 likes

Top contributors

  1. Bruce4Tax

    (Taxicorn)

    10382contributions

  2. Taxduck

    (Taxicorn)

    4737contributions

  3. PayrollDeanne

    (Taxicorn)

    2047contributions

  4. YellowPotato

    (Taxicorn)

    1336contributions

  5. YEP

    (Devotee)

    837contributions

Loading
Problem with buying an expensive work bag? Is there an upper limit to the price of a work bag? | ATO Community