Executive Coach / Life Coach
Tax advice for independent coaches and mentors in Australia.
Allowable Expenses
- Coaching Tools — Assessments, books, and workbooks.
- Marketing — LinkedIn, website, and advertising costs.
- Travel & Meetings — Travel to clients and room hire.
- Home Office — Running costs for your home office.
Tax Tips
- Professional association memberships are deductible.
- Claim for the business portion of your mobile and internet.
- Keep track of all networking event costs.
Frequently Asked Questions
Are coaching certs deductible?
Yes, if they relate to your current coaching business.
Can I claim for client coffee?
Generally no, the ATO considers this entertainment/private.