Tax Deductions for Hairdressers

Some deductions that may be available to hairdressers include:

• Tools and equipment (deductible if less than $1,000 or depreciable if over $1,000) as well as any costs incurred to insure them;

• Competitions, courses and conferences as well as travel costs associated with them;

• Cost of purchasing, maintaining and laundering protective clothing or compulsory uniforms;

• Hairdressing magazines and journals.

Hairdressers may also be entitled to general tax deductions that are not work specific, such as investment deductions or car expenses deductions.