Best Tax Deductions to Claim for Boat Builders and Shipwrights
Boat Builders and Shipwrights construct, fit out and repair boats and ships.
Employment Profile
- Average weekly pay: $1,322.50
- Employment size: 4,725
- Future growth: Moderate
- Skill level: Certificate III or IV
Typical tax deductions include:
- 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.
- Motor vehicle travel between job sites, to pick up materials, or attending training courses.
- Phone and internet – work %.
- Dogs, when used at worksites to guard the tools against theft. The purchase cost of the dog and training fees are not deductible as they are capital costs. In contrast, vet bills and pet food bills may qualify as a tax deduction.
- Protective clothing including safety-coloured vests, steel-capped boots, gloves, and overalls.
- Compulsory work uniform branded with the employer’s logo.
- Sun protection costs including sunglasses and sunscreens.
- Union fees, licences, registrations and subscriptions.
- Courses, seminars and self-education expenses.
- Computers, tools and equipment.
- Home office running expenses.
- Overnight travel expenses visiting clients or attending different workplaces.
Tax Strategies we can assist you with.
- Self-education expenses
- Sunglasses, sunscreens and cosmetics
- Computers, tools, equipment and other assets
- Protective clothing
- Compulsory work uniform
- Logbook for motor vehicles
- Tax deductible dogs
- Phone and internet
- Home office running expenses
- Overnight travel expenses
Click here to see Tax Calculator for Boat Builders and Shipwrights.
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.
