Foundations of Tax 2021-23 - Session 4: allowable deductions: Motor vehicles and travel

Explore the concept of allowable deductions for individual taxpayers with travel expenses. This practical session covers the concept and application of deductions. Recorded on 20 September 2021.

$109.09

non-member : $130.91

Description

On successful completion of this topic, participants should be able to:

Identify the legislation and Commissioner’s guidance that relate to travel expense claims
Identify an “itinerant worker” and their travel expense rules
Explain the other exceptions to the home-work rule - i.e. heavy or bulky equipment, on-call travel
Demonstrate an understanding of the major issues associated with employee use of cars in the production of assessable income
Determine the tax outcome for employee travel expenses in various client scenarios.

This session forms part of the Foundations of Tax Series.

Benefits:
These concise sessions have been specifically designed for our online education platform, to ensure that you get an in-depth understanding of the fundamental tax topics in minimal time.

Presenter