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Showing posts from September, 2019

Vehicle and travel expenses

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You can request the transport of vehicles and other travel expenses that you are incurring while doing your job, but in general you cannot request a normal trip between home and work - this is considered private travel. Travel expenses need to be tracked. More information on: commuting between home and work and between workplaces car expenses removal or resettlement other travel expenses allowances and living expenses when traveling from home to work distribution of transport costs Keep track of travel expenses See also: Travel diary Exceptions for monitoring travel expenses myDeductions - tool to track data in the ATO application

Practical tips

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This page contains links to tips and advice for tax professionals on common mistakes and other interesting topics. On this page: Your practice Income tax Activity statements Commercial activity Your practice Discover: Tips to prevent common mistakes when eliminating cancellations in small businesses Do you know how to recognize a scam? Income tax Discover: CGT retained and indirect Australian real estate interests Activity statements Discover: Correct application of the margin scheme Review of activity reports Pay-as-you-go tax return with corporate income tax return Commercial activity Discover: FBT on home telephone and internet costs Compensate income tax for small businesses Sell or close a business Keep ABN data up to date Suggestions for keeping a good administration