tax deductions for traders?..., page-26

Massages????

I would have thought that most individuals who do trading would be considered to be deriving personal services income. As such you can only claim for tax purposes expenses that you could claim as an employee.

So massages and babysitting look as though they are pushing the envelope to me. Sporting event tickets similarly look dodgy to me.


http://www.ato.gov.au/businesses/content.asp?doc=/content/25193.htm&page=63#P1514_88175