Can I claim professional memberships and subscriptions in Australia?
Yes, you can claim the cost of professional memberships, unions, and subscriptions to trade, business, or professional journals if they are directly related to your business. Examples include: - Membership of a professional body (e.g., CPA, Law Society, Australian Marketing Institute). - Industry-specific software subscriptions (e.g., Adobe Creative Cloud for designers). - Technical journals or industry news subscriptions. You cannot claim memberships for social clubs or associations that are not directly relevant to your earning activity.
- Fully deductible if directly related to your work
- Includes professional bodies and industry journals
- Software subscriptions (SaaS) are deductible
- Social or sporting club memberships are not allowed
- Retain tax invoices for all subscriptions