It’s almost tax season now and a lot of clients have been asking me about all the things they can claim tax deductions on.

And they were shocked when I told them that they could claim tax deductions on a guard dog and even sunscreen lotion? YES that's right!

Let me break it down for you.

CHAPTERS:
00:00 Overview
00:35 Three Golden Rules set by the ATO
01:00 Tax Deductions on Guard Dog Expenses
02:20 Tax Deductions on Handbags
03:14 Tax Deductions on Suncreen, Sunglasses and SkinProtection
04:13 Tax Deductions on Takeaway Food
04:42 Tax Deductions on Gifts for Clients
05:37 Tax Deductions Limitations and Conditions
06:44 Final Thoughts


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Davie has over 10 years of experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients.

Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses.

He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales.

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DISCLAIMER: Please note that every effort has been made to ensure that the information provided in this video is accurate. You should note, however, that the information is intended as a guide only, providing an overview of general information available to contractors and small businesses. This guide is not intended to be an exhaustive source of information and should not be seen to constitute legal or tax advice. You should, where necessary, seek your own advice for any legal or tax issues raised in your business affairs.