Question
Geoff is a Qantas airline pilot based in Melbourne. He has a small horse breeding stud farm at Red Rock (100 kilometres from Melbourne), and
Geoff is a Qantas airline pilot based in Melbourne. He has a small horse breeding stud farm at Red Rock (100 kilometres from Melbourne), and lives nearby this farm. When not flying he runs the breeding stud farm, and it is profitable. He typically stops by the breeding stud farm when travelling to and from the Melbourne airport. He does not carry any heavy equipment in his vehicle
In relation to the above facts, which of the following statements is true?
| Pursuant to the decision in FCT v Vogt 75 ATC 4073, Geoff is clearly able to claim as a tax deduction the travel between the breeding stud farm and the Melbourne airport. | |
| Pursuant to only to the decision in FCT v Payne 2001 ATC 4027, Geoff is not able to claim as a tax deduction the travel between the breeding stud farm and the Melbourne airport. | |
| The government has not introduce legislation to alter the application of FCT v Payne 2001 ATC 4027 about travelling between unrelated places of work. | |
| Pursuant to the only the decision in FCT v Payne 2001 ATC 4027, Geoff is clearly able to claim as a tax deduction the travel between the breeding stud farm and the Melbourne airport. | |
| Pursuant to the decision in FCT v Vogt 75 ATC 4073, Geoff is clearly not able to claim as a tax deduction the travel between the breeding stud farm and the Melbourne airport. |
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Taxation Of Individuals And Business Entities 2015
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
6th Edition
978-1259206955, 1259206955, 77862368, 978-0077862367
