Under Australian Taxation law, what deductions can be made? Show working

10. Travel Expenses On 14 May 2019, Rick travels to Chicago to attend the annual International legal conference held by the International Law Society. The purpose of this conference is to update practising solicitors on the latest legal trends, cases and evidence collection methods affecting lawyers and their clients Rick believes that the conference will prove to be very useful for keeping him up-to- date on aspects of the law that he practices, which will ultimately assist him in his job and with his clients. Rick personally paid all of the following costs relating to the conference. The costs of the overseas trip are detailed below (all amounts are expressed in Australian dollars): . . cost of obtaining a 64 page Australian passport 484 travel insurance 286 economy class airfares from Brisbane to Chicago and back 1,920 3 nights accommodation at the Westin Hotel in Chicago 1.715 phone calls home to Angie and the kids from hotel phone in room 32 conference registration fee 1,320 meals for three days while attending the conference 145 dinner (consisting of a steak a glass of red wine purchased at Los Angeles International Airport (which was a two-hour stopover en route to Chicago) 60 taxi fares to and from airports 116 Ticket to the Chicago White Sox baseball game (who were playing the New York Yankees) 254 The dates of Rick's flight was departing Brisbane on Tuesday 14 May 2019 and arriving in Chicago on Wednesday 15 May 2019, and then departing Chicago on Saturday 18 May 2019 and arriving back in Brisbane on Monday 20 May 2019. Rick advises you that he has kept receipts for all of the above expenses and has kept the appropriate travel diary for taxation purposes. Rick informs you that he paid for the cost of the return airfare ticket costing $1,920 with Qantas by redeeming 120,000 frequent flyer points that he had accrued with Qantas over a number of years. These points had been accrued based on a combination of business and private flights taken by Rick on Qantas flights. By redeeming the points Rick effectively paid nothing for the flights. 27 Rental Property - Unit 202 Skyline Apartments On 18 August 2018, Rick purchased a two-bedroom unit in Skyline Apartments, located at 30 Macrossan Street, Brisbane, QLD, 4000, at a cost of $720,000. Stamp duty and legal fees relating to this acquisition totaled $29,780 and were also paid on the same date a To finance the purchase of the rental property, Rick borrowed $600,000 from Bendigo Bank. The bank paid this money directly to the seller upon settlement of the property on 18 August 2018 Loan establishment fees, totaling $3,580, were charged to Rick on this date. The term of the loan is 25 yeals. Rick paid the remaining balance of $120,000 in cash from his own savings account to fund the acquisition of the property. When he purchased the unit Rick was provided with detailed construction/depreciation schedule from the previous owner. The report prepared by Ace Quantity Surveyors shows that the unit was originally constructed in March 2017 The schedule confirms that the construction cost specifically attributable to his unit (Unit 202) was $350,000 The unit has been permanently rented out since 18 August 2018 (ie 45 weeks). For the 2019 income year, Rick received gross rental income of 31,500. Expenses relating to the rental property for the 2019 income year were as follows: $ -890 Body corporate fees 5,148 Building inspection report (incurred prior to purchasing the apartment) Cleaning 214 Council rates 3,620 . Landlord insurance 1,046 Interest on Bendigo Bank loan (from 18 August 2018 to 30 June 2019) 24,370 Property agents commission (on rent collected @8.5%) 2,678 Repairs and maintenance (all tax-deductible) 166 Travel to and from the rental property to inspect prior to purchase Travel to and from the rental property to inspect after purchase 108 The property was rented out partially furnished. On 10 October 2018, Rick purchased several items for the benefit of his tenants. These items are detailed as follows: 141 . $ . Washing machine 1,980 Clothes dryer 1,440 Portable vacuum cleaner 260 . Rug 520 Furthermore in January 2019, Rick decided to install a built-in marble spa bath in the en-suite bathroom of the unit. The work is completed on 21 January 2019 and Rick receives the tax invoice from the tradesman on that date for a total cost of $5,200. 10. Travel Expenses On 14 May 2019, Rick travels to Chicago to attend the annual International legal conference held by the International Law Society. The purpose of this conference is to update practising solicitors on the latest legal trends, cases and evidence collection methods affecting lawyers and their clients Rick believes that the conference will prove to be very useful for keeping him up-to- date on aspects of the law that he practices, which will ultimately assist him in his job and with his clients. Rick personally paid all of the following costs relating to the conference. The costs of the overseas trip are detailed below (all amounts are expressed in Australian dollars): . . cost of obtaining a 64 page Australian passport 484 travel insurance 286 economy class airfares from Brisbane to Chicago and back 1,920 3 nights accommodation at the Westin Hotel in Chicago 1.715 phone calls home to Angie and the kids from hotel phone in room 32 conference registration fee 1,320 meals for three days while attending the conference 145 dinner (consisting of a steak a glass of red wine purchased at Los Angeles International Airport (which was a two-hour stopover en route to Chicago) 60 taxi fares to and from airports 116 Ticket to the Chicago White Sox baseball game (who were playing the New York Yankees) 254 The dates of Rick's flight was departing Brisbane on Tuesday 14 May 2019 and arriving in Chicago on Wednesday 15 May 2019, and then departing Chicago on Saturday 18 May 2019 and arriving back in Brisbane on Monday 20 May 2019. Rick advises you that he has kept receipts for all of the above expenses and has kept the appropriate travel diary for taxation purposes. Rick informs you that he paid for the cost of the return airfare ticket costing $1,920 with Qantas by redeeming 120,000 frequent flyer points that he had accrued with Qantas over a number of years. These points had been accrued based on a combination of business and private flights taken by Rick on Qantas flights. By redeeming the points Rick effectively paid nothing for the flights. 27 Rental Property - Unit 202 Skyline Apartments On 18 August 2018, Rick purchased a two-bedroom unit in Skyline Apartments, located at 30 Macrossan Street, Brisbane, QLD, 4000, at a cost of $720,000. Stamp duty and legal fees relating to this acquisition totaled $29,780 and were also paid on the same date a To finance the purchase of the rental property, Rick borrowed $600,000 from Bendigo Bank. The bank paid this money directly to the seller upon settlement of the property on 18 August 2018 Loan establishment fees, totaling $3,580, were charged to Rick on this date. The term of the loan is 25 yeals. Rick paid the remaining balance of $120,000 in cash from his own savings account to fund the acquisition of the property. When he purchased the unit Rick was provided with detailed construction/depreciation schedule from the previous owner. The report prepared by Ace Quantity Surveyors shows that the unit was originally constructed in March 2017 The schedule confirms that the construction cost specifically attributable to his unit (Unit 202) was $350,000 The unit has been permanently rented out since 18 August 2018 (ie 45 weeks). For the 2019 income year, Rick received gross rental income of 31,500. Expenses relating to the rental property for the 2019 income year were as follows: $ -890 Body corporate fees 5,148 Building inspection report (incurred prior to purchasing the apartment) Cleaning 214 Council rates 3,620 . Landlord insurance 1,046 Interest on Bendigo Bank loan (from 18 August 2018 to 30 June 2019) 24,370 Property agents commission (on rent collected @8.5%) 2,678 Repairs and maintenance (all tax-deductible) 166 Travel to and from the rental property to inspect prior to purchase Travel to and from the rental property to inspect after purchase 108 The property was rented out partially furnished. On 10 October 2018, Rick purchased several items for the benefit of his tenants. These items are detailed as follows: 141 . $ . Washing machine 1,980 Clothes dryer 1,440 Portable vacuum cleaner 260 . Rug 520 Furthermore in January 2019, Rick decided to install a built-in marble spa bath in the en-suite bathroom of the unit. The work is completed on 21 January 2019 and Rick receives the tax invoice from the tradesman on that date for a total cost of $5,200