This is a question that we get quite often. Everyone likes to hope that they can go overseas and claim it as a business expense. But can you?
The short answer is sometimes, yes. But often not the entire trip.
Firstly there needs to…
https://www.optimisedaccounting.com.au/wp-content/uploads/2017/11/international-travel-feature.jpg8361000adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2019-08-21 11:21:432019-08-22 11:19:02Travel for work – what can I claim?
Would you claim the Lego you bought for your kids throughout the year as a tax deduction?
One taxpayer did and it made the Australian Taxation Office’s 2018-19 list of most unusual claims.
The Lego was not the only claim for money spent…
When an employee uses a taxi service for travel to or from work or if the employee is sick, it is generally exempt from Fringe Benefits Tax (FBT) under the FBT taxi travel exemption.
The question is, what about Uber and other ride sharing services,…
https://www.optimisedaccounting.com.au/wp-content/uploads/2019/08/victor-xok-qd-zd2MoeE8-unsplash.jpg24203872adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2019-08-06 15:22:142019-08-06 15:22:33FBT and Uber style ride sharing