Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 900.35

Exception for small total of expenses

  (1)   If the total of all the * work expenses (including * laundry expenses, but excluding * travel allowance expenses and * meal allowance expenses) that you want to deduct is $300 or less, you can deduct them without getting written evidence or keeping travel records.

Note 1:   If the total is more than $300, you need to substantiate all the work expenses, not just the excess over $300.

Note 2:   Whether or not your work expenses total $300 or less, for certain expenses that are each $10 or less and total $200 or less you can get written evidence by making your own record, instead of getting a document from the supplier: see section   900 - 125.

  (2)   This limit can be increased from time to time by regulations made under section   909 - 1.

  (3)   A * transport expense that Subdivision   900 - I (Award transport payments) lets you deduct without following the rules in this Division does not count towards this limit.



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