| Disclaimer You cannot rely on this record in your tax affairs. It is not binding and provides you with no protection (including from any underpaid tax, penalty or interest). In addition, this record is not an authority for the purposes of establishing a reasonably arguable position for you to apply to your own circumstances. For more information on the status of edited versions of private advice and reasons we publish them, see PS LA 2008/4. |
Edited version of private advice
Authorisation Number: 1052509276193
Date of advice: 20 February 2026
Ruling
Subject: Work related deductions
Question
Are you entitled to claim a deduction for the decline in value of the item for the period you use it for work purposes?
Answer
Yes.
Based on the information provided to the Commissioner you are able to claim a deduction for the item to the extent it is used for work purposes.
The Commissioner is satisfied that the item has the relevant connection with your work.
You are able to claim a deduction under Division 40 of the Income Tax Assessment Act 1997 for the item as it has special characteristics used for work-related purposes.
This ruling applies for the following periods:
Year ending 30 June 2026
Year ending 30 June 2027
Year ending 30 June 2028
Year ending 30 June 2029
Year ending 30 June 2030
The scheme commenced on:
1 July 2025
Relevant facts and circumstances
You work as a professional.
You have purchased an item which is required to function within the environment you are working in.
Relevant legislative provisions
Income Tax Assessment Act 1997 section 8-1
Income Tax Assessment Act 1997 section 40-25