Alex Kingsford is a mechanical engineer working for ABC engineering in Melbourne. Alex owns a property in then Dandenong Victoria where he and his family are residing. He also runs a home-based food catering business, preparing food for local residents and school canteens. Catering business is very structured. Alex works 15 days a month and earns a substantial income from the catering service business. He is travelling from ABC engineering workshop to his homeBy car or sometimes Uber.When he lost his tax return in July 2019 he has 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 travelling expenses between the ABC engineering workshop and his homebase catering business is an allowable deduction.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Alex Kingsford is a mechanical engineer working for ABC engineering in Melbourne. Alex owns a property in then Dandenong Victoria where he and his family are residing. He also runs a home-based food catering business, preparing food for local residents and school canteens. Catering business is very structured. Alex works 15 days a month and earns a substantial income from the catering service business. He is travelling from ABC engineering workshop to his homeBy car or sometimes Uber.When he lost his tax return in July 2019 he has 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 travelling expenses between the ABC engineering workshop and his homebase catering business is an allowable deduction.

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