IS MY TRIP DEDUCTIBLE?

Whether or not you can claim a trip as a tax deduction depends on if it is business or work related.

Potential deductions can include:

• Airfares
• Accommodation
• Taxi, bus and car hire etc.

Any proportion of the trip that is personal, or if the trip is not directly work related, is not deductible.
For example if you extend a trip to do sightseeing or your trip is just a holiday.

For further information please see the following link to the Australian Tax Office website.

https://www.ato.gov.au/business/income-and-deductions-for-business/business-travel-expenses/

Please contact Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 to discuss further.

We provide accounting and wealth management services to clients in Woodend, Gisborne and Macedon Ranges areas within Victoria Australia.