Tax Planning for Employees
Overnight travel expenses involve being away from home for at least one night for work or business purposes.
Handbags, briefcases and satchels purchased to carry items for work purposes (such as laptops, tablets, work papers or diaries) may be deductible.
Co-existing work locations travel will be tax deductible where the travel is attributable to the employee having to work in more than one place.
Where an employee undertakes 'special demands' travel between home and a regular work location, the trip will be deductible work-related travel
Taxpayers can contribute up to $15,000 per year in voluntary contributions that can be withdrawn for a first home deposit.