Best Tax Deductions to Claim for Chemists and Food and Wine Scientists
Chemists and Food and Wine Scientists develop and monitor chemical processes and production, develop new food products, and plan and coordinate the production of wine and spirits.
Employment Profile
- Average weekly pay: $1,918.35
- Employment size: 9,660
- Future growth: Strong
- Skill level: Bachelor degree or higher
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.
- Overnight travel expenses attending different workplaces or for training – includes airfares, meals and accommodation.
- Phone and internet – work %.
- Sun protection costs including sunglasses and sunscreens.
- Protective clothing, including sun-protection clothing, safety-coloured vests, steel-capped boots, gloves, overalls and wet weather gear.
- Compulsory work uniform branded with the employers logo.
- Renewal fees for machinery operating licences.
- Courses, seminars and self-education expenses.
- Computers, tools and equipment.
- Unions fees, licences, registrations and subscriptions.
- Home office running expenses.
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
- Union fees, licences, registrations and subscriptions
- Phone and internet
- Motor vehicle expenses: cents per km method
- Home office running expenses
- Overnight travel expenses
Click here to see Tax Calculator for Chemists and Food and Wine Scientists.
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.
