Tax Deductions for Sporting Professionals

Some deductions that may be available to sporting professionals include:

• Travel to training and to games / events;

• Management fees;

• Professional association fees;

• Outdoor protection items;

• Uniforms and compulsory clothing not provided by team.

Sporting professionals may also be entitled to general tax deductions that are not work specific, such as investment deductions or car expenses deductions. Professional advice should be sought by sporting professionals to see if income averaging can be used to reduce their tax liability.