Back More Blogs

Its that time of year again, TAX TIME! Here’s a refresher on what deductions you can and can’t claim working in the adult industry.

Written on July 31st, 2024 by Empire Industry Finance Updated August 4th, 2024. Viewed 153 times.
Image 0 for Blog  Its that time of year again, TAX TIME! Here’s a refresher on what deductions

What Can I Claim?

There are some expenses you can claim, including:


  • Car Expenses: You can claim for things like parking and tolls if you travel between jobs in a day (e.g., from your main job at an adult entertainment bar to a dance teacher gig) or travel to different work locations (e.g., going from client to client).
  • Commissions and Fees: This includes any commissions paid to an agency and fees for unions or professional associations.
  • Advertising Costs: Any money spent on promoting your services in the adult industry.
  • Work Clothing: Costs for buying, repairing, and cleaning work clothes that are unique to your job (like job-specific costume and speciality lingerie or Pleasers).
  • Consumables: Items you use solely for earning income, like condoms, lubricants, gels, oils, and tissues.
  • Makeup and Hair Products: Expenses for stage makeup, hairdressing products, or makeup removers designed for stage makeup.
  • Multimedia Expenses: Costs for downloading music files used for rehearsals or shows.
  • Phone and Internet: Work-related use of your personal phone or device, or a dedicated phone for work.
  • Photographic Portfolio: Costs for maintaining your portfolio for publicity, but not the initial creation cost.
  • Self-Education: Costs for courses, training, or seminars related to your current job, like an advanced pole dancing masterclass or entry to industry events like Sexpo.
  • Job-Related Reading: Journals, periodicals, and magazines related to your job in the adult industry.
  • Equipment and Tools: Expenses for buying and insuring work-specific equipment or tools, such as fetish gear, adult novelties, and vibrators.
  • Travel Expenses: Costs for accommodation and meals if you travel for work and need to stay overnight (e.g., performing a show in another city).
  • First Aid Training: Costs for first aid courses if you’re the designated first aid person at your workplace.
 

What Can't I Claim?

There are some expenses you can’t claim, including:


  • Upfront Fees: Joining or search fees paid to an agency (if incurred before earning income).
  • Audition Costs: Expenses for preparing or attending auditions.
  • Regular Clothing: Any normal clothes you wear to work that could also be worn outside of work (e.g., jeans, a white t-shirt) or fitness clothing, even if it’s specifically for work.
  • Childcare Costs: Expenses for childcare while you’re working.
  • New Career Education: Courses or training designed to help you get work in a new area (e.g., singing lessons while working as an exotic dancer).
  • Meals During Work: Costs for meals or snacks during a normal workday
  • Entertainment Costs: Costs for entertainment events, like award nights, galas, concerts, even if they’re related to the entertainment industry, unless you are advertising your business or paying for sponsorship.
  • General Health and Fitness: Costs for gym memberships, weight loss programs, food substitutes, or vitamin supplements unless your job requires a high level of fitness (e.g., a pole dancer).
  • General Grooming: Hairdressing, cosmetics, and skincare products not directly related to your job.
  • Commute Costs: Travel costs between your home and workplace (if you work in one location), even if you live far away.


Book in now!

https://empireindustryfinance.com.au/booking/

No comments yet. Be the first to leave one.

Leave a Review

Latest Blogs

Additional free Content on my Website Additional Free Content on my Website Get in quick Time for some self-care this holiday season........ There's no one more worthy of your gift than you ! Time for some self-care this holiday season........ There's no one more worthy of your gift than you !
Back More Blogs
Search Escorts
Any Under $100 $100-$200 $200-$300 $300-$400 Over $400
Any In-Call Out-Call Virtual Services
Any Men Women Transsexuals Couples Disabled
Any Arabian Asian Australian Black Caucasian Chinese Eurasian European Hispanic Indian Japanese Korean Maori New Zealander Polynesian Russian Scandinavian Thai White
Any Athletic Average BBW Cuddly Curvaceous Curvy Full Figured Hour Glass Muscular - Cut Petite Petite - Slim Slim Toned Voluptuous
Any Auburn Black Hair Blonde Blue Hair Brunette Grey Hair Pink Hair Redhead Strawberry Blonde White Hair
Free Client Account Required

You must have a Free Client account to do this.

Create a Free Client Account Now
VIP Client Account Required

You must have a VIP Client account to do this.

Create a VIP Client Account Now
Alert

NAUGHTYADS

Age Verification

This website contains adult content and may contain sexually explicit images not suitable for people under 18 years of age.

By clicking "AGREE AND ENTER" you confirm you are 18 years of age or older and you have read and accepted our terms and conditions.

This parental controls page explains how you can easily block access to this site.

© 2024 Naughty Ads ™ Restricted To Adults Badge