work deductions

Travel allowance or LAFHA? And how is each taxed?

  That employees are required to travel for work has become increasingly significant, especially with the growing influence of a more global economy, and the sometimes necessary moving of businesses for expansion or reaching out to new markets. Being asked by the boss to travel for work purposes can be demanding on staff — financially,

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Tax Office videos explain some work related expense claims

Have you been slow off the mark and still haven’t lodged your income tax return yet (or even better, made an appointment with your tax agent)? It’s already September, so you’d better get cracking as the Tax Office expects all returns to be lodged by October 31 — although this is another reason why it’s

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