Best Tax Deductions to Claim for Massage Therapists
Massage Therapists perform therapeutic massage and administer body treatments for health, fitness and remedial purposes.
Your deductions are below.
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Employment Profile
- Average weekly pay: $1,092.50
- Employment size: 71,600
- Future growth: Strong
- Skill level: Associated Degree or Diploma
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 when visiting clients.
- Motor vehicle travel visiting clients, attending different workplaces, for training, or to competitions (where the prizes won would be part of income, or where coaching staff).
- Phone and internet – work %.
- Computers, tools and equipment – includes massage equipment.
- Overnight travel expenses attending conferences, seminars, training courses, and industry promotions – includes airfares, accommodation, meals, and incidentals.
- Compulsory work uniform branded with the employers logo.
- Self-education courses.
- Union fees, licences, registrations and subscriptions.
- Overtime meals – if paid a meal allowance under an industrial award.
- Magazines and books related to massaging, sales, customer service, and management.
- Home office running expenses.
Professional memberships.
Non-deductible expenses:
- Grooming including hairdressing, cosmetics, hair and skin care products.
- Membership joining fees.
Tax Strategies we can assist you with.
- Self-education expenses
- Computers, tools, equipment and other assets
- 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 Massage Therapists.
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.
