Tax Deductions for Pilots
31 January 2018
Average weekly pay: $6,000
Employment size: 13,200
Future growth: Decline
Skill level Bachelor degree or higher
Pilots fly aeroplanes to transport passengers, mail and freight or provide agricultural, or aerial surveillance. Apart from their qualifications pilots require a minimum amount of flying experience. Registration and licencing are mandatory. Tasks include:
- Preparing and submitting flight plans giving consideration to factors such as weather conditions and aircraft performance.
- Flying aircraft in accordance with established air traffic control and aircraft operating procedures.
- Providing flight information for flight crews and air traffic services staff.
- Completing cockpit preparations and external inspections to determine that an aircraft is acceptable for flight.
Typical tax deductions:
- Cost of anti-glare glasses used to combat the harsh working conditions inside a cockpit.
- Premiums paid for salary guarantee and loss of licence insurance.
- Medical examination costs associated with the renewal of your work-related business licences
- Cost of work-related telephone calls.
- Telephone rental if you can show that you are on call or are regularly required to telephone your employer while you are away from your workplace.
- Courses and seminars (Including travel and motor vehicle costs).
- Depreciation on luggage to the extent of the work-related use of the luggage. This includes travel bags, overnight bags, suit packs, suitcases and luggage trolleys.
- Rehydrating moisturiser and rehydrating hair conditioner when used to combat the drying effects of the aircraft cabin pressure.
- Union and professional association fees.
- Overnight travel expenses including meals, drinks and incidentals. These will be deductible if incurred, receipted, and not reimbursed.
Non- deductible expenses:
- The cost of buying timepieces or watches.
- The cost of transporting your luggage to the airport.
- Prescription glasses and contact lenses.
Posted in Occupation Deductions
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