close-x
Designer Girl

The Profit Pro’s

Having a hard time turning a profit? With our help, we can get you get your business on the road to profitability in 90 days.

DISCOVER MORE

Tax Deductions for Authors and Editors

Best Tax Deductions to Claim for Authors and Editors

An Author is the originator of any written work. Generally, we think of Authors/Writers writing novels, plays, musicals, manuscripts, texts or multimedia products.

Employment Profile

  • Average weekly pay: $287.50
  • Employment size: 11,025
  • Future growth: Moderate
  • Skill level: Bachelor degree or higher

Typical tax deductions include:

  • Overnight travel expenses incurred for research-related travel or short writing trips. For example, although Jane Rawlings lives in Edinburgh, when she was having trouble finishing one of the Harry Potter novels, she moved into a local Edinburgh hotel for a month.  The deductible travel expenses will include airfares, accommodation and meals.
  • Writing courses and studies that specifically help maintain or improve writing skills or knowledge or are likely to result in an increase of income from writing.
  • Motor vehicle travel for research trips, meetings, and promotion.
  • Home office occupancy costs if required by the employer to work from home – includes rent, mortgage interest, rates, insurance and repairs.
  • Professional seminars, courses, conferences and workshops.
  • Computers, tools, and equipment.
  • Reference books, technical journals and trade magazines related to work as a writer.
  • Phone and internet – work %.
  • Home office running expenses.
  • Overseas conferences, courses and study tours.
  • Work-related portion of pay TV access payments if required to access pay TV as part of work.
  • Licences, registrations and subscriptions.
  • Handbags, briefcases and satchels.

Non-deductible expenses:

  • Writing courses undertaken before starting work as a writer or making a living from writing.

Tax Strategies we can assist you with.

  • Self-education expenses
  • Overseas conferences, courses and study tours
  • Computers, tools, equipment and other assets
  • Logbook for motor vehicles
  • Union fees, licences, registrations and subscriptions
  • Phone and internet
  • Home office running expenses
  • Handbags, briefcases and satchels
  • Overnight travel expenses

BOOK NOW

Click here to see Tax Calculator for Authors and Editors.

 

SHARES

FREE
Profit HealthCheck

The number one challenge facing business owners today
is sustainable profit. We’ll help you to make it a reality.