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Padi Divemaster renewal and liability costs

Discussion in 'Basic Scuba Discussions' started by jiveturkey, Dec 15, 2002.

  1. O-ring

    O-ring Solo Diver

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    ...it is very hard to do. Something to do with showing a profit or at least some income from the activity, etc. which is really hard as a DM since you are not paid for it (as stated above). I know instructors that basically are able to pay for their diving hobby and get some tax benefits, but teaching classes and getting paid is a whole different ball of wax than DMing. At least if you are teaching, even if you are losing money, you can (as I understand it) still get the scuba related tax writeoffs.
     
  2. bwerb

    bwerb Hoser/English Translator, eh

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    Good call!

    I just think it's worth looking into the possible ramifications of what you can do as the DM is considered a "professional" certification. I'm in Canada and some of our tax laws are obviously going to be different but much of the principal is the same. If DM is the first step to instructor, then as a prerequisite of your education and certification to instruct some of the more educational writeoffs should be in order. Time to talk to a creative accountant.:wink:
     
  3. Jonathan

    Jonathan Divemaster

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    I think the tax thing would only be worth the hassle if you are a full time DM having that as a sole income. I think we've established that these people don't really exist.....

    I think a large majority of DM's (if not all) outside of resorts do it because they love it and are not reliant on it for income. It's an escape from the desk, or the bus depot or the building site or wherever you work.

    The only way you are going to change that is if enough of you feel strongly enough and don't renew or pay the insurance - but being the people we are I don't see that happening. I for one won't go down that road....

    Jonathan
     

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