Treasury Laws Amendment (Tax Reform No. 1) Act 2026 (49 of 2026)

Schedule 4   Standard deduction for work-related expenses

Part 1   Amendment of the Income Tax Assessment Act 1997

Income Tax Assessment Act 1997

10   Section 900-10 (note)

Omit:

• Subdivision 900-I has an exception about certain losses or outgoings related to award transport payments.