Tax Deductions for Photographers
Some deductions that may be available to photographers include:
Travel to shoot locations;
Memberships to unions and professional associations;
Cost of consumables such as film and developer;
Photographic equipment and computers is depreciable over its effective life, deductible if cost less than $1,000;
Insurance of photographic equipment;
Internet costs to the extent it is used for work purposes.
Photographers 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.