Taxation Travel Expense

Adam is an Australian resident. In January 2017, Adam travels to London to attend the annual world audit conference held by the International Auditing and Assurance Standards Board (IAASB).

The purpose of this conference is to update members on the latest Auditing and Assurance Standards that have been issued by the IAASB over the past 12 months and to update practitioners on the latest auditing trends around the world.

Alan believes that the conference will prove very useful for keeping his up-to-date on recent developments in the area and to network with professional colleagues.

Alan personally paid all of the following costs (expressed in Australian dollars) relating to the conference:

$

obtaining a 32-page Australian passport 320

travel insurance 160

costs incurred to secure an exit row seats (return flights) 120

the above item being the tax-deductibility of the above three costs incurred by Adam in relation to attending the annual world audit conference held by the International Auditing and Assurance Standards Board (IAASB) in London in January 2017:

The question requires you provide a written reflection on how you researched the above specific tax issues namely: