INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

SCHEDULE 2B  

Substantiation rules

TABLE OF DIVISIONS

1	Introduction
2	Substantiating work expenses
3	Substantiating car expenses
4	Substantiating business travel expenses
5	Written evidence
6	Travel records
7	Retaining and producing records
8	Relief from effects of failing to substantiate
9	Award transport payments

Division 2 - Substantiating work expenses  

SECTION 2-5   EXCEPTION FOR SMALL TOTAL OF EXPENSES  

2-5(1)   [Amount for which no records required]  

If the total of all the work expenses (including laundry expenses, but excluding travel allowance expenses and meal allowance expenses) that you want to deduct is $300 or less, you can deduct them without getting written evidence or keeping travel records.

Notes:

1. If the total is more than $300 you need to substantiate all the work expenses, not just the excess over $300.

2. Whether or not your work expenses total $300 or less, for certain expenses that are each $10 or less and total $200 or less you can get written evidence by making your own record, instead of getting a document from the supplier: see section 5-6 .

2-5(2)   [Increase of limit]  

This limit can be increased from time to time by regulations made under section 266 .

2-5(3)   [Award transport payment]  

An expense that Division 9 (Award transport payments) lets you deduct without following the rules in this Schedule does not count towards this limit.