<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Millions of workers will be able to claim an </span><a href="https://www.9news.com.au/national/federal-election-2025-labor-government-promises-ten-billion-dollar-package-five-per-cent-deposits-first-homebuyers/c18c8817-5660-4134-b16c-7700e25c738f" rel="" target="_blank" title="instant $1000 tax deduction without receipts"><span>instant $1000 tax deduction without receipts</span></a><span> after the federal government announced plans to enshrine long-awaited legislation.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Treasurer Jim Chalmers today confirmed the tax break will be officially enshrined in law and will come into effect in time for the </span><a href="https://www.9news.com.au/tax" rel="" target="_blank" title="2027 tax season next year."><span>2027 tax season next year.</span></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The maximum tax saving under the legislaton will be $470, with the average saving being $205.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/wheelers-hill-melbourne-boy-trapped-in-bus-door-dragged-along-road/cf3c8036-451d-4d19-b16e-5e688f3b7a37" rel="" target="_blank" title="Melbourne schoolboy caught in bus doors, dragged down road"><strong><span>Melbourne schoolboy caught in bus doors, dragged down road</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"This will cut back on paperwork, it will save time and money and it will provide a bit of tax relief as well," Chalmers said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"It will benefit 6.2 million workers when they lodge a tax return next year."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Around 6.2 million Australians will be eligible for the instant deduction.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/federal-politics-instant-tax-deduction-to-be-enshrined-in-law-jim-chalmers/dba7a95c-069c-43bd-92c7-8be822bb4475" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The legislation will mean workers won't need to provide receipts for up to $1000 in work-related expenses.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/world/trump-says-us-negotiators-will-be-in-pakistan-on-monday-for-talks-with-iran/022537e2-6c72-4ee0-9c8e-00a817fec19d" target="_blank" title="Trump says US negotiators will be in Pakistan on Monday for talks with Iran"><strong><span>Trump says US negotiators will be in Pakistan on Monday for talks with Iran</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Chalmers said the $1000 write-off forms part of the Labor government's broader budget goal of reducing income tax.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Labor promised to </span><a href="https://www.9news.com.au/national/federal-election-2025-labor-government-promises-ten-billion-dollar-package-five-per-cent-deposits-first-homebuyers/c18c8817-5660-4134-b16c-7700e25c738f" rel="" target="_blank" title="push for the automatic tax deduction during the 2025 federal election."><span>push for the automatic tax deduction during the 2025 federal election.</span></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Prime Minister Anthony Albanese said at the time it will give more Australians "your own money faster" and won't need to claimed through an accountant or receipts.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"No paperwork, no box of receipts, no scrolling through your online banking - just tick the box and your return is ready," he said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><em><span>More to come.</span></em></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><em><strong><span>NEVER MISS A STORY:</span></strong></em><span> </span><em><span>Get your breaking news and exclusive stories first by following us across all platforms.</span></em></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><ul><li><em><strong><span>Download the 9NEWS App here via</span></strong></em><span> </span><a href="https://apps.apple.com/au/app/9news/id1010533727" target="" title=""><em><strong><span>Apple</span></strong></em></a><span> </span><em><strong><span>and</span></strong></em><span> </span><a href="https://play.google.com/store/apps/details?id=nineNewsAlerts.nine.com&amp;hl=en_AU&amp;pli=1" target="" title=""><em><strong><span>Google Play</span></strong></em></a></li><li><em><strong><span>Make 9News your preferred source on Google by</span></strong></em><span> </span><a href="https://9.nine.com.au/8x987w" target="" title=""><em><strong><span>ticking this box here</span></strong></em></a></li><li><em><strong><span>Sign up to</span></strong></em><span> </span><a href="https://login.nine.com.au/edm?client_id=nineatnine" target="" title=""><em><strong><span>our breaking newsletter here</span></strong></em></a></li></ul></div></div>