Best Tax Deductions to Claim for Pharmacists and Pharmacy Sales Assistants
Tax deductions for pharmacists and pharmacy sales assistants can help reduce taxable income. Pharmacists select, prescribe, monitor, and evaluate pharmaceuticals and medical products, and knowing which deductions apply can make a significant difference.
Employment Profile
- Average weekly pay: $1,534.10
- Employment size: 70,875
- Future growth: Strong
- Skill level: Bachelor Degree or Higher
Typical tax deductions include:
- Motor vehicle travel between two workplaces, or two jobs, or for training purposes.
- 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 work uniform, lab coats, and surgical caps.
- Computers, tools and equipment.
- Medical registration fees and membership fees.
- Home office running expenses.
- Handbags, briefcases and satchels.
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
- 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
Click here to see Tax Calculator for Pharmacists and Pharmacy Sales Assistants.
