Travel & Motor Vehicle Expenses
This Knowledge Shop IQ module explores the high risk areas of travel arrangements - working through the distinction between travelling, living away from home and relocating, and the way that this can impact on the tax treatment - and, motor vehicle expenses - specific risk areas and issues that need to be considered when clients use motor vehicles in their business and employment activities.
The tax treatment of travel arrangements can be complicated and the rules difficult to apply in practice. The ATO has also recently released new guidance on deductions for travel expenses, which in some ways, changes the way that we need to deal with this area for our clients.
These areas have become high risk in recent years as the ATO has concentrated its focus on the deductions claimed for expenses.
See the IQ module outline.
The Travel & Motor Vehicle Expenses Module is part of the Intermediate I Program of 10 modules specifically designed to manage the training needs of your Intermediate team members across a year.
More on the Intermediate program
Level
Length
Access
Resources
PD Hours
