Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Problem 30(want text answer and brief explanation) Alex Kingsford is a mechanical engineer working for ABC Engineering in Melbourne. Alex owns a property in Dandenong,
Problem 30(want text answer and brief explanation) Alex Kingsford is a mechanical engineer working for ABC Engineering in Melbourne. Alex owns a property in Dandenong, Victorian where he and his family are residing. He also runs a homebased food catering business, preparing food for local residents and school canteens. Catering business is well-structured. Alex works 15 days a month and earns a substantial income from the catering services business. He is travelling from ABC Engineering workshop to his homebased business by car or sometimes Uber. When he lodged his tax return in July 2019, he has HI6028 Taxation Theory, Practice and Law Individual Assignment T1.2020 4 requested a deduction for a substantial amount of travelling expenses between the ABC Engineering workshop and home-based food business. Alex is now seeking your advice. With reference to relevant legislation and case law discuss whether Alex's travelling expenses between the ABC Engineering workshop and his homebased catering business is an allowable deduction
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started