Tax Deductions for Painters
Some deductions that may be available to painters include:
Travel between building sites, including travel between home and primary site if you are carrying bulky equipment such as tins of paint and brushes;
Memberships to unions and professional associations;
Cost of purchasing, maintaining and laundering protective clothing such as smocks;
Outdoor protection items such as sunglasses and sunscreen if working outdoors, as well as wet weather gear;
Tools and equipment (deductible if less than $1,000 or depreciable if over $1,000) as well as any costs incurred to insure them.
Painters may also be entitled to general tax deductions that are not work specific, such as investment deductions or deductions for car expenses.
Tax Focus is a Registered Tax Agent and Certified Public Chartered Accountant. With over 20 years of combined tax experience our tax agents are ensuring that you get the biggest tax refund possible.
With offices located in Bondi Junction and Sydney CBD, we are conveniently positioned to provide tax accounting services to Sydney’s Eastern Suburbs, Sydney CBD and surrounding suburbs.
Contact us to see how we can help.