Best Tax Deductions to Claim for Optometrists and Orthoptists
Optometrists and Orthoptists perform eye examinations and vision tests, prescribe lenses, other optical aids and therapy.
Employment Profile
- Average weekly pay: $2,415
- Employment size: 5,775
- Future growth: Strong
- Skill level: Bachelor Degree or Higher
Typical tax deductions include:
- Motor vehicle travel between hospitals, clinics, and visiting patients.
- Motor vehicle travel to and from work if having either shifting workplaces (working at more than one site each day before returning home), or transporting bulky equipment.
- Phone and internet – work %.
- Overnight travel expenses attending medical conferences, seminars, and training courses – includes airfares, accommodation, meals, and incidentals.
- Self-education courses.
- Magazines, books and journals related to health and medicine.
- Medical defence and income protection insurance.
- Compulsory uniform work uniform branded with the employers logo.
- Computers, tools and equipment.
- Union fees, licences, registrations and subscriptions.
- Home office running expenses.
- Overseas conferences, courses and study tours.
Professional memberships.
Non-deductible expenses:
- Travel for industry functions which includes entertainment, e.g. three-course meal, band, and alcoholic drinks.
Tax Strategies we can assist you with.
- Self-education expenses
- Overseas conferences, courses and study tours
- Computers, tools, equipment and other assets
- Compulsory work uniform
- Union fees, licences, registrations and subscriptions
- Phone and internet
- Motor vehicle expenses: cents per km method
- Home office running expenses
- Handbags, briefcases and satchels
- Overnight travel expenses
Click here to see Tax Calculator for Optometrists and Orthoptists.
Stephen is the CEO of Accountants Direct and is a Professional Director, ASIC Agent, Startup Advisor & Investor & Capital Raising Specialist.
Contact Stephen or his team if you have any questions about this post or any business matter in general.
