Tax Deductions for Fashion, Industrial and Jewellery Designers

October 29, 2022

Best Tax Deductions to Claim for Fashion, Industrial and Jewellery Designers

Fashion, Industrial and Jewellery Designers plan, design, develop and document products for mass, batch and one-off production.

Employment Profile

  • Average weekly pay: $1,557.10
  • Employment size: 12,600
  • Future growth: Very 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, visit clients or attend training courses.
  • Phone and internet – work %.
  • Client gifts bought for work purposes if entitled to receive commission income – includes a Christmas hamper, a bottle of whisky, wine, gift vouchers, flowers, etc.
  • Home office occupancy expenses if required by the employer to work from home – includes rent, mortgage interest, rates, insurance, etc.
  • Computers, tools and equipment.
  • Referral commission and expenses.
  • Handbags, briefcases and satchels.
  • Overnight travel expenses visiting clients, or for training/conferences – includes airfares, accommodation and meals.
  • Home office running expenses.
  • Compulsory work uniform branded with the employers logo.
  • Union fees, licences, registrations and subscriptions.
  • Work-related training courses includes first aid, OH&S, bookkeeping, sales techniques, customer service, merchandising, computer skills or management.
  • Self-education expenses – includes course fees, books, stationery, equipment and travel.

Professional memberships.

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
  • Gifts to clients, suppliers and contractors
  • 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

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