Best Tax Deductions to Claim for Security Guards
Security Guards provide security and investigative services to organisations and individuals.
Employment Profile
- Average weekly pay: $1,353.55
- Employment size: 52,605
- Future growth: Moderate
- Skill level: High School or Certificate I
Typical tax deductions include:
- Motor vehicle travel to and from work if having shifting places of work – working at more than one site each day before returning home.
- Motor vehicle travel between work sites or for training purposes.
- Phone and internet – work %.
- Guard dog expenses if it’s a requirement of employment to provide a guard dog – includes food, veterinary expenses and registration fees.
- Sun protection costs including sunglasses, sunscreens and cosmetics.
- Computers, tools and equipment – includes mobile phones, laptops, ammunition, bulletproof jackets, body armour, gauntlets, holsters, handgrips, handcuffs, holders, pouches, and utility belts.
- Compulsory work uniform branded with the employers logo.
- Union fees, licences, registrations and subscriptions – includes annual security licence fees.
- Overtime meals – if paid a meal allowance under an industrial award.
- Home office running expenses.
- Self-education expenses.
- Overnight travel expenses attending different workplaces or for training purposes – includes accommodation and meals.
Professional memberships.
Non-deductible expenses:
- Training fees and costs of obtaining the initial security licence or ticket.
- Normal drivers licence.
- The purchase cost of the guard dog – as it’s a capital cost.
Tax Strategies we can assist you with.
- Self-education expenses
- Sunglasses, sunscreens and cosmetics
- Computers, tools, equipment and other assets
- Compulsory work uniform
- Tax deductible dogs
- 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 Security Guards
