Tax Deductions for Blacksmiths

Average weekly pay:          $700 
Employment size:               2,500  
Future growth:                    Decline      
Skill level                               Certificate III or IV

A blacksmith is a person who makes and repairs iron objects by hand. 

Blacksmith tasks include:

• Selecting metal stock for job requirements.
• Heating metal in forges and furnaces, hammering, punching, and cutting metal using hand tools and machine presses.
• Tempering and hardening finished articles, electroforming, painting and polishing. 
• Preparing horses’ hooves for shoeing, nailing horseshoes to hooves, and trimming hooves.

Typical tax deductions:

• Travel to and from work, and customer farms or premises, while transporting bulky equipment (normally 20 or more kilos). Normally includes blacksmith tools and raw materials including a variety of metals. Deductions are normally maximised by using the logbook method.
• Mobile phone, internet and home office costs.
• Travel expenses. Meals and accommodation expenses incurred when being away from home overnight for work.
• Protective clothing, including fire-resistant and sun-protection clothing, safety-coloured vests, steel-capped boots, gloves, overalls, and heavy-duty shirts and trousers, overalls, smocks and aprons you wear to avoid heat damage whilst blacksmithing. 
• Courses, seminars and self-education expenses.
• Tools and equipment, if less than $300 each are immediately deductible. Whereas if they are over $300 they are depreciable.