Lifeguards are a vital part of our community. Being a lifeguard is not only a worthy occupation but also a physically demanding one. Lifeguards work hard to keep us safe at the beach, pool, and other water recreation areas. But did you know that lifeguards can also save money on their taxes? That’s right, If you work as a lifeguard in Australia, you’ll be pleased to know that several tax deductions are available to help you offset some of the costs associated with your job.
Uniform and Protective Gear
As a lifeguard, your uniform and protective gear are essential for ensuring the safety of beachgoers. Fortunately, the cost of purchasing, cleaning, and repairing these items is tax-deductible. This includes expenses such as swimwear, hats, sunglasses, sunscreen, first aid kits, rescue tubes, and even wetsuits if required. Remember that the uniform must have the lifeguard’s employer logo or symbol to be eligible for tax deductions.
Training and Certifications
You may need to undertake regular training courses or renew your certifications to maintain your lifeguarding skills and qualifications. The expenses incurred for these activities, including course fees, textbooks, and travel costs, can be claimed as tax deductions. It’s important to note that the training must be directly related to your current job as a lifeguard.
Travel Expenses
If your work requires you to travel to different locations, you can claim deductions for the cost of transportation, such as fuel, parking fees, tolls, and public transportation fares. However, commuting from your home to your usual workplace is not tax-deductible.
Mobile Phone and Internet Expenses
As a lifeguard, you may need to use your mobile phone or internet connection for work-related purposes, such as contacting colleagues or accessing necessary information. In such cases, you can claim a portion of the expenses associated with these services as tax deductions. Maintaining detailed records of your work-related usage is crucial to substantiate your claims.
Work-Related Education
If you undertake further education or training directly related to your current job as a lifeguard, you may be eligible to claim tax deductions for associated expenses. This includes courses or workshops on water safety, first aid, CPR, or other relevant topics that improve your professional knowledge and skills.
Union and Professional Membership Fees
If you are a member of a union or professional association relevant to your lifeguarding role, your membership fees can be claimed as tax deductions. These organizations often provide benefits and resources to support you in your profession, and the associated costs can be offset through tax deductions.
To claim tax deductions, you must keep a record of all your expenses. This includes receipts, invoices, and bank statements. You can then claim these expenses on your tax return.
Note that there are several limits on the amount of tax deductions you can claim. These limits vary depending on the type of expense. For example, the limit on the amount of money you can claim for uniforms and clothing is $1,000.
Also note that if you claim false tax deductions, you could be subject to penalties. These penalties can be severe, so it is essential to ensure that you only claim the deductions you are entitled to.
It’s important to note that to claim these deductions, you must keep accurate records of your expenses, including receipts and invoices. Additionally, you should seek advice from a qualified tax professional to ensure that you are claiming the correct deductions and meeting all the necessary requirements.
This article is for general information only. It does not make recommendations nor does it provide advice to address your personal circumstances. To make an informed decision, always contact a registered tax professional.