Jacob Fenech

is basically the only important piece to that.

So you have to have paid it yourself and there needs to be a connection to the income that you're earning.

So contrast that, say, to someone using the Adobe Suite to someone watching Netflix grand designs videos.

There's a much weaker nexus there between actually using software that you do your day-to-day job on compared to something that you might watch while you're having dinner.

So I think there's a whole different way to kind of look at them.

And sometimes it is great, which is completely fine.

So I think that's where, like I say, bringing an accountant into the conversation can help.

or if it's a really clear one, I mean, even jumping on whether it's AirTax or even the ATO website, it's really good for free information.

There's a lot of case studies there too.

That helps to kind of determine, all right, there's even forums, discussion forums on the ATO website as well, which are helpful too, that people have asked, hey, is this claimable?

This is what I do.

Does it sound okay kind of thing, which I think is useful.

Yeah, so I want to beat this drum a little bit because a lot of my friends are tradies and I've helped them in the past with their taxes.

And the big one that I always –

It frustrates me a little bit is around logbooks.

They're annoying.

It kind of casts your mind back to when you were doing your L's, I suppose, going for your P's when you had to keep that logbook.

it's almost in effect what you're doing for tax purposes than when you're tracking it as an individual or as a business.

And so, yeah, your logbook is... It's basically to determine the business portion of whatever expenses.

For tradies, it's super relevant because they're carrying tools, they're moving from site to site, they're not like an employee that's just going into the office and back home, which you can't claim as a travel expense.