Best Tax Deductions to Claim for General Practitioners
A General Practitioner (also called a GP) is a physician who is a generalist and doesn’t specialise in one particular area of medicine.
Employment Profile
- Average weekly pay: $2,127.5
- Employment size: 70,665
- Future growth: Very Strong
- Skill level: Bachelor Degree or Higher
Typical tax deductions include:
- Motor vehicle travel between hospitals, clinics, and visiting patients.
- 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.
- Phone and internet – work %.
- Overnight travel expenses attending medical conferences, seminars, and training courses – includes airfares, accommodation, meals, and incidentals.
- Self-education courses.
- Magazines, books and journals related to health and medicine.
- Medical defence and income protection insurance.
- Compulsory doctors uniform, lab coats, and surgical caps.
- Computers, tools and equipment – includes iPad, laptop, and stethoscope.
- Union fees, licences, registrations and subscriptions – includes medical registration fees and membership fees such as AMA, RACS, RACGP, and RACP.
- Home office running expenses.
- Handbags, briefcases and satchels.
- Overseas conferences, courses and study tours.
Professional memberships.
Non-deductible expenses:
- Travel for industry functions which includes entertainment, e.g. three-course meal, band, and alcoholic drinks.
Tax Strategies we can assist you with.
- Self-education expenses
- Overseas conferences, courses and study tours
- Computers, tools, equipment and other assets
- Compulsory work uniform
- Logbook for motor vehicles
- Union fees, licences, registrations and subscriptions
- Phone and internet
- Home office running expenses
- Handbags, briefcases and satchels
- Overnight travel expenses
Click here to see Tax Calculator for General Practitioners.
