What Equipment Lease Expenses Can I Claim?

If you lease a piece of equipment that you are going to be using to help facilitate your current contract through Oncore, you may be eligible to claim the rental expenses through our Salary Packaging Service.

Oncore provides the opportunity for you to salary package your business-related expenses. This is not a direct reimbursement of the expense but an offset against your taxable income resulting in greater take-home pay for you. The expenses that you can claim include your mobile phone, internet connection, software purchases, study, self-education, etc. 

These are expenses that relate to your current contract that Oncore is managing.

 

Relevant Expenses include:

  • The lease of any work-related equipment

In order to claim this expense, we require the following:

  • An explanation confirming the work-related purpose of the item
  • A current copy of the lease agreement. Please ensure we receive an updated copy of the lease agreement if renewed or changes are made to the arrangement.
  • We also require proof of payment which can be in the form of an extract from your bank statement confirming the agreed regular amount has been paid.

 

If, after reading this article, you are still unsure what types of expenses you may be able to claim under this category, please either send us an email at supportaus@oncoreservices.com, or phone us on 1300 654 484 and we will strive to answer any of your questions.