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Top 6 deductions for Retail workers

This past year has been a challenging time with businesses struggling and others just getting into the market. Workers have been at the mercy of the regulations and these regulations impact the tax returns too.  Knowing what you can & cannot claim as a deduction is important, especially in these turbulent times.

Knowing the most common deductions that may be claimed in your industry is important. Below is a list of the top 6 deductions for retail workers to consider when preparing their tax return.

Top 6 deductions for retail workers

  1. Travel between different workplaces
  2. Uniform & laundry
  3. Union Fees & Professional subscription
  4. Telephone
  5. Cost of managing tax affairs
  6. Gifts & Donations

For further information, please contact us & we’ll be happy to answer any question you may have on the topic.

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