On Fri 13.12.19, the ATO released Draft Rluning: TR 2019/D7, which  sets out when an employee can deduct transport expenses under s 8-1 of the Income Tax Assessment Act 1997 (ITAA97).  This includes the cost of travel by airline, train, taxi, car, bus, boat or other vehicle.

See below for a summary of this draft ruling.

[Tax Month – December 2019]

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