BLAW30002 Lecture Notes - Lecture 6: Tertiary Education Fees In Australia, Sunscreen, Queensland

• School: University of Melbourne
• Department: Business Law
• Course: BLAW30002
• Professor: All

Document Summary

Common non deductible expenses (cid:120) expenses incurred in gaining employment (cid:198) not deductible. Maddalena: incurred travel expenses to attend an interview/ legal expenses to review an employment contract in considering whether to change rugby clubs. Verdict: not deductible, not sufficiently connected to production of assessable income. Expenses put tp in a position to gain or produce assessable income, not in gaining or producing assessable income, therefore positive limbs of s 8-1 were not satisfied. Spriggs; riddell: distinct from maddalena because these tps were seen to be carrying on a business. Tps incurred mgmt fees and wanted to deduct them. Court found that expenses incurred in gaining employment can be deductible when tp is carrying on a business and employment contract contributes towards production of business income. See page 392. (cid:120) relocation as required by employer. Verdict: not deductible as they put tp in a position to produce assessable income, not to gain or produce assessable income.