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Managing Tax Affairs - Travel & Other

One of the deductions available to taxpayers is “managing of tax affairs”.

In order to satisfy an individual taxpayers annual obligation, it is common place to visit your tax agent. The method of travelling to your tax agent is worth noting, and the cost, particularly if using public transport. If a motor vehicle is used, the kilometres count towards business kilometres when calculating car expense deductions.

If you provide copies of documents or electronic versions, there might be a USB drive supplied, etc - those items are also part of the cost of managing tax affairs.

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