I just dropped $1400 on a helmet and a couple visors, and they're coming from the US. The entry fee and gst fee from nz customs is estimated at $250.
Is it possible to write off such an expensive as "protective gear for commuting."
I own a small business (annual income less than $75,000NZD) and travel back and forth from the bank quite a lot.
I remember speaking to a tax attorney a while ago who said that gas money or other commuting expenses are not deductible, as well as 'business clothing,' however protective armour/gear is a grey area.
I've also looked at some online websites that say business clothing is non-deductable "WITH THE EXCEPTION OF PROTECTIVE GEAR."
What can I do?
Is it possible to write off such an expensive as "protective gear for commuting."
I own a small business (annual income less than $75,000NZD) and travel back and forth from the bank quite a lot.
I remember speaking to a tax attorney a while ago who said that gas money or other commuting expenses are not deductible, as well as 'business clothing,' however protective armour/gear is a grey area.
I've also looked at some online websites that say business clothing is non-deductable "WITH THE EXCEPTION OF PROTECTIVE GEAR."
What can I do?
Protective gear write offs
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