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There are a variety of ways to reduce the amount of tax you pay each fiscal year. In order to reduce the amount of tax you pay you first need to reduce your taxable income. If you are an employee of a business then what you can claim as a working expense is very limited. The government limited what people could claim as working expenses so that people would have a [url=http://www.mxitcms.com/tiffany/]tiffany[/url] higher taxable income and pay more tax. However there are still some things you can claim. When it comes to individual income as an employee you can only claim the things you need in order to earn your income. If your job involves driving from place to place you can often claim petrol and car expenses, you can claim mobile phone expenses if your job requires you to use your mobile phone for business calls, you can even claim the cost of stationary, washing powder and uniforms in some circumstances. Speak to your accountant before claiming any of these expenses on your tax return. If you are a business or corporation there are a lot more ways you can reduce your taxable income. Most things can be claimed for a business if they aid you in earning a profit. Be careful to keep it legal though.

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