Since the usage of smartphones has increased a lot in the past years, there have been a lot of queries related to it. a common question that is asked by the people who use smartphones regularly is, are phone repairs tax deductible? the answer to this common question is yes, they are. If you use your phone for work, business, or any income purpose the ducks can be claimed. According to an Australian tax office, “One can claim a tax deduction for expenses relating to repairs, maintenance or replacement of machinery, tools or premises you use to produce business income as long as the expenses are not capital expenses”.
Capital expenses are expenses that are spent to purchase a search like blonde and equipment. The question arises then, what can you claim? The simple answer to this question is, if you’re using phone for work, business or any other purposes you can claim the full amount of the repair that has been charged from you. For claiming it you do not necessarily have to own the phone as the cover that is provided by is of five years and it does not void your phone’s Manufacturer warranty.
How can I claim my phone repair?
Most of the repair providers always give you received off repair and warranty. In this received all the essential information is provided to your accountant or tax professional at the end of the financial year. With the help of this receipt you can always claim your phone repair. If however there is any query you can always contact your tax advisor For more information.
An easy process:
Most people do not claim their phone repair taxes because they think that it is a very lengthy procedure. However, this is a very wrong perception. If you own a smartphone you have the complete right to claim any extra money that you have been charged. This is not a lengthy procedure and you can simply contact your tax advisor to give you all the details about how the process takes place.
The tax advisors are generally experts and they provide you with all the necessary details. With the help of this information, you can claim your repair money. The reason why it is always advised to keep the receipts safe is also for this purpose. These receipts also serve you a great deal if such a problem occurs. You can simply show the receipt to the one who is charging you and he will have all the legal reasons not to. The reason why people think it is complicated is that they have been told so. You can do it on your own and find out how easy and simple this process is.
Need to book in a phone repair?
In order to book a phone repair, you can contact the service providers or your local phone repair specialists who will come to your home, office or any place and they can fix your phone on site. you will not have to go through all the hassles of handing in the phone and waiting for several days.
Conclusion:
These are the simple ways that you can utilize to claim any extra money overcharged. You should always try that you contact the authorized repair center or Freelancer to avoid any mass and have the liberty to deal with experts that will not let any damage happen to your phone.
