Home Office: More Than Most Consultants Realise

Working from a dedicated home office opens up deductions for a portion of running costs, plus depreciation on office furniture and equipment. The catch is substantiation — accurate records of hours worked from home or actual expenses are required, not a rough estimate at tax time.

Professional Development Usually Qualifies

Courses, conferences, professional memberships and relevant subscriptions are generally deductible where they maintain or improve skills directly connected to current income-earning work. The distinction that catches people out is courses leading to an entirely new, unrelated qualification — these typically aren't deductible the same way.

Common missed deduction: professional membership and subscription renewals, which consultants often pay personally and forget to claim because they don't think to categorise them as a business expense.

Travel: Client Work Yes, Commuting No

Travel directly related to client work — site visits, industry events, travel between work locations — is generally deductible. Ordinary commuting between home and a regular workplace isn't, though there are exceptions for home-office-based consultants whose circumstances differ from a standard commute.

Equipment and Technology

Laptops, software subscriptions, and other equipment used for consulting work are generally deductible, with smaller items expensed immediately and larger purchases depreciated, depending on current thresholds.

The Real Fix: Track as You Go

The best way to capture all of this isn't a memory exercise at tax time — it's a properly set up Xero file with bank feeds and consistent categorisation throughout the year. This is one of the clearest, lowest-effort ways a bookkeeper adds value for a consultant.

True Tally — bookkeeping for Melbourne consultants

We help Melbourne consultants track deductible expenses properly throughout the year, not reconstruct them at tax time. Book a free call to talk through your setup.

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