tax deductions for traders?...

Trying to formulate a list that i can store going forward of potential tax deductions for share traders.

Please feel free to add:


- Brokerage

- Computing:
Computer, Printer, Fax, Internet, Computing equipment

- Office equipment:
Desk, lights, chair, desk (can depreciate as capital items)

- Motor Vechile:
Depreciation, Petrol

- Phone

- Travel
Flights, accommodation, transfers (travel must be shown to be related to share trading activities, eg, overseas conference on options trading, implied vol seminar?)

- Bank Fees

- Interest on any debt/gearing.

- Company Registration fee

- Accountancy Fee's

- Legal Fee's

- Management Fees

- Employee expenses
Wages/Salary, any associated expenses...

- Home Office expenses ($0.26 per house of 'work')

- Books, Subscriptions?




Have i missed anything? Anything else? Please feel free to ADD ANYTHING I MAY HAVE MISSED...


Thought a list like this would be of interest to thousands of members.


Also, i think the mod's should set up a TAX thread under 'TAX'. Perhaps even put a dollars sign next to any CPA registered accounts (wait, actually no, heaven forbid, do not do that...lol)




Regards,
followme