Nyinkka Nyunyu

 

Reasonable Work Expense Claims

The ATO has issued a Taxation Ruling TR2007/21 which sets out the amounts considered reasonable for certain work expense claims covered by allowances for 2007-2008.

Darwin and Alice Springs Accommodation
The reasonable amounts for daily travel allowance expenses for the 2007-2008 income year are (for employees annual salary of $87,200 or below):

Darwin $238.25
Alice Springs $195.25
Adelaide $242.25

Overtime meals
Overtime meal allowance expense claims up to $22.60 per meal are considered reasonable where the allowance is paid under an industrial award.

Truck drivers
For meal expenses of employee truck drivers who receive travel allowance and who sleep away from home, an allowance of $74.30 per day is considered reasonable. For drivers with an annual salary of $87,201 or more, the daily rate is $81.05

Set rates per kilometer for motor vehicle expense claims for the 2006 / 2007 year are:
Up to 1600cc 58.0c
1600 to 2600cc 69.0c
Over 2600cc 70.0c

Another important issue each year is the Federal Government Budget, and to a lesser extent, those of the various state and territory governments.

You can read the 2007 Federal Budget at :
http://www.budget.gov.au

You can read the 2007 Northern Territory Budget at :
http://www.budget.nt.gov.au

If you would like more information contact us

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