Best Tax Deductions to Claim for Actuaries, Mathematicians and Statisticians
Actuaries, Mathematicians and Statisticians develop and apply actuarial, mathematical, statistical and quantitative principles to solve problems in a range of fields such as business, finance, scientific, social, and engineering.
Employment Profile
- Average weekly pay: $2,465.30
- Employment size: 9,240
- Future growth: Very Strong
- Skill level: Bachelor degree or higher
Typical tax deductions include:
- Motor vehicle travel visiting clients, attending different workplaces, and attending training courses.
- Overnight travel expenses for work purposes including airfares, meals and accommodation.
- Handbags, briefcases, and satchels.
- Computers, equipment and other assets.
- Phone and internet – work %
- Professional seminars, courses, conferences and workshops.
- Reference books, technical journals and trade magazines.
- Self-education courses related to the current job.
- Home office running expenses.
Professional memberships.
Non-deductible expenses:
- Cost of business lunches and social functions.
Tax Strategies we can assist you with.
- Self-education expenses
- Computers, tools, equipment and other assets
- 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 Actuaries, Mathematicians and Statisticians.
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.
