Tax deductions for advertising and marketing professionals

Tax Deductions for Advertising and marketing professionals develop and coordinate advertising strategies and campaigns and identify and develop market opportunities for new and existing goods and services.

Employment Profile

Average weekly pay:          $1,346 
Employment size:               206,600  
Future growth:                    Strong     
Skill level                             Bachelor degree or higher

Typical tax deductions include:

• Motor vehicle travel to and from work if having either shifting places of work; or transporting bulky equipment when visiting clients, i.e. client samples and demonstration equipment.

• Motor vehicle travel between offices, visiting clients or for training purposes.

• Phone and internet  – work %.

• Client gifts bought for work purposes by salespersons who are entitled to receive commission income – includes a Christmas hamper, a bottle of whisky, wine, gift vouchers, flowers, etc.

• Home office occupancy costs if required by the employer to work from home – includes % of rent, mortgage interest, rates, insurance, etc.

• Computers, cameras, video recorders, and other assets.

• Referral commission and expenses.

• Handbags, briefcases and satchels.

• Overnight travel expenses on sales trips or for training/conferences.

• Home office running expenses.

• Compulsory work uniform branded with the employers logo.

• Renewing a sales certificate or professional body memberships.

• Work-related short training courses, for example, first aid, OHS, bookkeeping, sales techniques, customer service, merchandising, computer skills or management.

• Self-education course fees, the cost of books, stationery, equipment and travel required for the course.

Non-deductible expenses:

• Advertising – If earning income from a fixed salary and not entitled to earn commission. 
• Gifts – If earning a fixed income and not entitled to earn commission. 
• Entertainment expenses such as buying lunch for a client or business associate. 
• Expenses incurred in attending social functions, e.g. monthly networking breakfasts.

Tax Strategies we can assist you with.

Self education expenses
Computers, tools, equipment and other assets
Compulsory work uniform
Logbook for motor vehicles
Gifts to clients, suppliers and contractors
Union fees, licences, registrations and subscriptions
Phone and internet
Home office running expenses
Handbags, briefcases and satchels
Overnight travel expenses