Clicky

Skip navigation

Maximising Deductions as a Disabled Self-Employed Person

For disabled people, things are just more expensive, no matter where you work. But when a disabled person is self-employed, without employee benefits and other advantages, things can get expensive very quickly. In the best of times, self-employed taxes can approach ½ of your earnings, after taxes are paid. In order to keep afloat, and make up for all of the extra expenses that you have to pay just because you are differently abled, you’ve got to be incredibly vigilant when it comes to recording and deducting expenses.

First, make sure to deduct all expenses related to supplies, classes, marketing, and other expenses directly related to the work that you do. Everything from printer toner to drawing pens is fair game in this field. However, you don’t want to simply guess. It’s important to have a clear record of what you purchases, how much it cost, and when the purchase was made. Paper receipts are still the best way to do this when the purchase was made at a retail store. Digital receipts serve the same purpose for digital purchases. You likely will not be audited, but disabled persons run a slightly higher audit risk because their expenses are different than those of most freelance workers. Protect yourself from this eventuality (however rare it may be) by having careful record of every expense you go on to deduct.

The next thing to consider is your travel requirements. Not every disabled freelancer works only from home. You’ve likely got to meet clients, work at different locations, and variously transport yourself from place to place in order to get your work done. This is hard for people without disability, but it can be especially challenging and time consuming for disabled people. That’s why you’ve got to start keeping meticulous records about how and when you travel.

Travel expenses are meant to represent not just the fuel costs you have to pay, but the wear and tear to your principal mode of conveyance. Also include any public transportation costs that you require. You may even be able to write off the purchase of or upgrade to a wheelchair or other disability transportation unit, as these expenses are absolutely necessary for you to complete your job as required. Talk to a tax professional if you have questions. Sometimes freelancers feel timid about making deductions, not wanting to risk getting audited. But you don’t want to miss out on tax savings by declaring too little. Maximize your deductions however you can, and get help if you need insight about just how to do it.

It’s hard to be a disabled worker in a non-disabled working world. When it comes to taxes, though, you can maximize your savings by deducting everything you are allowed, while keeping careful track of the expenses as they are made. It is recommended that you discuss the possibilities with a professional with knowledge and experience with disabled clients. You can likely deduct much more than you have in the past, and the assistance will help you develop new habits to make taxes a lot easier in the future.

To advertise jobs on Evenbreak go here – http://www.evenbreak.co.uk/employers/

To find jobs on Evenbreak go here – http://www.evenbreak.co.uk/jobs

Did you like this? Share it:

Aspire announces first partners to lead InstructAbility

GLL, the UK’s largest leisure charitable social enterprise which has pioneered new ways of delivering and investing in community sport, leisure and cultural services, is the first leisure operator to lead the InstructAbility scheme at a local level. The project, delivered in partnership with YMCA Training and funded by Sport England, enables disabled people to…

Interview for GDH Consulting

Evenbreak’s founder, Jane Hatton, was recently interviewed by GDH Consulting. Here is an extract from that interview: Can you tell us the story behind Evenbreak? I founded Evenbreak in 2011 as a solution to a number of barriers to employment for disabled people. In the U.K., disabled people have twice the rate of unemployment as…

Position your Disability Positively for Employers

This is a guest blog from a good friend of Evenbreak, Louis Jameson, Assistant Manager, Group Disability Programme at Lloyds Banking Group: Today I want to share some thoughts on how to position a disability or health condition when entering work. Whilst our universities get us work-ready, no one discusses how to address our disability…

Support for disabled jobseekers in London

We are always looking for other organisations who provide useful services to our candidates, and we like the look of this programme in North and East London. Inspiring Families is a new programme helping, amongst others, disabled people to find work. If you live in any of these London Boroughs – Enfield, Haringey, Waltham Forest,…

Alternatives to Interviews

There is much evidence (e.g. here and here) that interviews are a poor way of assessing a candidate’s abilities to do the job required. We tend to appoint the candidate who is best at selling themselves at interview, rather than the best person for the job. Not all candidates are good at selling themselves (for…

Guest blog: 5 people with sight loss and their careers

Another guest post about careers for people with sight loss, this time from Zoe Chen: Diagnosis of vision loss can be an agony for most people though eye ailments are not rare: even some celebrities, like Bono who announced his glaucoma the reason of his long time sunglasses wearing, have serious eye conditions despite the better…

Guest blog: Best Careers for People with Visual Impairment?

A guest post by Cheryl Wilcox: Over the years many people as they have gotten to know me have asked “what are the best career options for the visually impaired and blind”. I had never thought about it but there seems to be an assumption that there are jobs that are ideal for the blind…

Career Resolutions for the New Year

Whether you are looking for a change of scenery, looking to kick-start your career or even looking to climb the ladder in your current place of employment; the New Year is the perfect time to make some career resolutions and ensure that you meet your career goals for 2017. Here, Attic Recruitment go through a…

Channel 4 join Evenbreak!

Press release: Channel 4 has today announced that it will advertise all of its future vacancies on a specialist job site run by and for disabled people. Channel 4 hopes the initiative will attract even more applications from disabled people in a bid to further diversify its workforce and help disabled people break into the…