How much are Coaching fees and are they tax deductible?
You can expect to invest $400-600 for a block of coaching sessions to put you on track effectively. An article in Super Living magazine (2007) explains the differences between counselling, psychotherapy and life coaching, plus their typical fees. Read the article HERE. The Australian Taxation Office does allow coaching fees to be tax deductible where the coaching directly impacts income. Read their policy statement HERE. Contact your accountant for further clarification.
