12 of the Most Unusual Tax Deductions Ever [Infographic]

It’s getting close to the end of the financial year – the time that many property investors and business people look for tax deductions to to reduce their tax bill.

I’m told it’s common for people to “stretch the truth” a little about what they actually used for their business and increase their claims and reduce their tax.

But some people go too far.

Here are a dozen strange tax deductions …

  1. Bariatric surgery
  2. Body oil
  3. Centenarian deductionimages tax
  4. Deer meat
  5. Cat food
  6. African safari
  7. Deadbeat debts
  8. Exceptional trees
  9. Bermuda trip
  10. Shaping up
  11. Animal decline
  12. Clarinet lessons

Now here are the details:

bizarre-tax-deductions-infographic

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About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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