Tax Deductions for Hairdressers
Average weekly pay: $800
Employment size: 54,400
Future growth: Moderate
Skill level Certificate III or IV
Hairdressers cut or style hair in order to enhance or maintain a person’s appearance.
- Providing advice on hair care, beauty products and hairstyles.
- Shampooing hair, conditioning scalps, colouring, straightening hair, waving hair, cutting hair, styling, shaving, and trimming beards/moustaches.
- Arranging appointments and collecting payments.
Typical tax deductions include:
- Mobile phones, calculators, electronic organisers, computers, computer software, professional library, hair-cutting and hair-styling tools. Items costing more than $300 each need to be depreciated over their effective life.
- Travel expenses associated with attending conferences, seminars, training courses, and industry promotions. Expenses include airfares, accommodation, meals, and incidentals.
- Phone, internet and home office expenses (less private portion).
- Compulsory corporate uniforms that include the company logo and are distinctive. Must not be conventional clothing.
- Self-education courses. For example, Cert IV in Hairdressing or Diploma in Hairdressing Salon Management.
- Membership and professional association renewal fees.
- Overtime meals (if paid a meal allowance under an industrial award).
- Magazines and books related to hairdressing, hairstyles, sales, customer service, and management.
None deductible expenses:
- Grooming including hairdressing, cosmetics, hair and skin care products.
- Membership joining fees.
"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2