In 2017, don’t give away your hard earned moula, dosh, bread and butter!
Legitimise your Affiliate Tax Deductions with good receipts.
|Tax deduction is a reduction of income that is able to be taxed, and is commonly a result of expenses, particularly those incurred to produce additional income.
Affiliate Marketing is a global pursuit. Please note that each Country has it own set of rules about taxation and deductions. Always check with the Tax Office in your country or your friendly Accountant.
Here are 47 expenses you could have incurred as an Affiliate Marketer. Which ones slipped your memory?
Virtual (but real) Expenses;
- Premises rent (or if you have a home office it can be a percentage of the rent, mortgage or house value.)
- Anti virus software and Malware Protection Services
- Internet Data Service
- Mobile Service
- Cloud Storage *
- Hosting *
- Domain Name Registrations
- SSL *
- Software Upgrades *
- Keyword Tools *
- Plugins *
- Themes *
- Images *
- Analytics *
- Tracking *
- Paid Ads
- Paid Traffic
- Paid Social Media Shares
- BookKeeping Software
- Outsourcing (logo designs, content, keyword packs, websites)
- IT Support Services *
- Mentor fees *
- Office Contents Insurance
- Accountant fees
- Bank fees
Hardware Purchases or Depreciables;
- Computer and accessories
- Laptop and accessories
- Office Chair
- Stand/sit desk and desk furnishings
- External Hard Drive
- Mobile Phone
- Routers and Boosters
- Surge Protectors
- Ear Phones
- Items Purchased to Review
- Reading Glasses
- Assorted Memory Sticks and SD Cards
- Coffee Machine!
Training and Certification;
- WordPress Coach *
- PPC course *
- SEO and CRO Training *
- Writing/ Author Coaching *
- I.T. and Technical Training *
- Keyword Research and SERPs Training *
- Copyright Advices *
- Social Media Management course *
- Computer Repairs
- Office supplies
Members of the Wealthy Affiliate Open Learning School get all of the green items on this list for one monthly fee of $49. First 10 Lessons Free. Plus 2 Free Websites to play with. You can’t lose.
Find out why Wealthy Affiliate is my top rated way to make money online for 4 years running.
See my Wealthy Affiliate Reviews …
2014 OK What’s The Catch?
2015 A Closer Look Behind The Scenes
2016 – 17 Can You Really Get Cashed Up?
In Other 2017 Tax News for Affiliates;
What to do about protection from double taxation by two countries?
Question; I earn in US Dollars from Amazon and other American based Affiliate Programs, but I live in another country. How can affiliates like me avoid paying tax to both Governments?
Answer; There is a wonderful agreement between certain, not all, countries known as treaties and conventions that also apply to taxes. Find out if your country is participating in the Treaty Agreement by searching the index in
The A to Z of Tax Treaties. Yes, it’s written by the IRS, but it’s not as painful as you might think!
If you can tellW us more costs that are likely Want yo Learn How to Make Money Online With Affiliate Marketing?to be acceptable tax deductions please do so below in the comments. I will add your suggestions to the post with a credit (and link if you like).
Thanks for the additional costs, I left out …
- Auto Responder
Want to learn how to make money online with affiliate marketing?
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Founder of The Cashed Up Nomad.com Where we Earn our Freedom Online.
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