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Deductibility of Employee Transport Expenses (4) – Between Home and a Regular Place of Work

 

Deductibility of Employee Transport Expenses (3) – Key Principles of TR 2019/D7

 

Deductibility of Employee Transport Expenses (2) – General Deduction Principles

 

Deductibility of Employee Transport Expenses (1)

 

Post-Cessation Interest for Rental Properties (i.e., Loan Shortfalls) and the ‘Vacant Land’ Rules

 

The ‘Vacant Land’ Exclusions (3) – ‘Primary Producer’ and ‘Exceptional Circumstances’ Exceptions

 

The ‘Vacant Land’ Exclusions (2) – The ‘Carrying on (any) Business’ Exception (2)

 

The ‘Vacant Land’ Exclusions (1) – The ‘Carrying on A Business’ Exception (1)

 

The New ‘Vacant Land’ Rule (3) – ‘In Use or Available for Use’

 

The New ‘Vacant Land’ Rule (2) – ‘Substantial and Permanent Structure’

 

The New 'Vacant Land' Rule (1)

 

Deductions: Meal expenses

Q: My client works as an executive regional chef and travels throughout the year for work. Their accommodation expenses are paid by the employer. However, meals are not provided. Can my client claim meal expenses base on the ATO reasonable meal amounts even though no value has been reported on the payment summary as travel allowance?

Deductions for the initial franchise fee

Q: Company A paid an initial franchise fee of $179,000 to a franchisor under a gym's sub-franchise agreement. The company did not proceed with the gym franchise business but it was not due to the fault of the franchisee and is currently still in legal dispute. The company was unable to claim the refund of the initial franchise fee paid. The questions are:

Deduction:Expenses for attending Auctions and meetings

Q: Can my client claim deductions against interest income from his term deposit bank account based on the following facts?

Deductions: Expenses incurred to keep the business running

Q: I have a sole trader client who has been audited for claiming high expenses. He is registered on an accruals basis. He did a job for a restaurant in the 2015 financial year in which he invoiced but did not get paid (he was required to report it as he invoiced his client). He still has not been paid to date. The restaurant owner was about to claim bankruptcy as they had too much debt until they both came to an agreement that our client would fund the restaurant in the hope that it would succeed, sell for a profit in the future and hopefully recoup his money The ATO states that he needs to pay GST and penalties on that.

Deduction:A self-storage facility

Q: We have a client who is employed on a fixed-term contractual basis as a lawyer. He stores most of his professional library and office records in a self-storage facility. He accesses these items at the storage facility from time to time for use in his work. Can our client claim the cost of the self-storage facility as a deduction against his employment income?

Deduction:Meal Expenses

Q: My client works as an executive regional chef and travels throughout the year for work. Their accommodation expenses are paid by the employer. However, meals are not provided. Can my client claim meal expenses base on the ATO reasonable meal amounts even though no value has been reported on the payment summary as travel allowance?

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