As we approach the end of the financial year, it is a great time to asses your business requirements as most of these can be included as a tax deduction but, have you ever considered a corporate headshot photo as one of those expenses? The great news is that it is 100% tax deductible.
A headshot photo is a great way to improve your businesses branding and first impressions. It is also a fantastic way of having an up-to-date photo for use on social media, your website or marketing materials.
Most people don’t realise that a corporate headshot photo is a perfectly legal tax deduction. In fact, any expense that is incurred in order to generate income for your business is tax deductible. This includes the cost of the photographer, makeup artist, hair stylist, wardrobe and even the cost of printing your headshot photo.
So if you have been thinking about getting a new headshot photo for your business, make sure you organise it before the end of the financial year and include it in your business expenses to save on taxes. A headshot photo updated every year is a great way to show your customers that you are current and active.
This financial year, make sure you refresh your headshot photo as part of your business expenses and reap the rewards come tax time.
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