Taxation Ruling
TR 1998/9A3 - Addendum
Income tax: deductibility of self-education expenses incurred by an employee or a person in business
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Addendum
This Addendum is a public ruling for the purposes of the Taxation Administration Act 1953. It amends Taxation Ruling TR 98/9 to account for the simplified calculation of car expenses.
TR 98/9 is amended as follows:
(a) Omit 'and '12% of original value' methods'; substitute 'method'.
(b) Omit '28-60'; substitute '28-35'.
(c) In the third sentence omit 'using these methods'; substitute 'using this method'.
In the third sentence omit 'a rate per kilometre multiplied by the number of kilometres travelled'; substitute 'the rate per kilometre multiplied by the number of business kilometres travelled'.
(a) Omit:
| Car expenses 213 km @ 47 cents | $100 |
Substitute:
| Car expenses 213 km @ 66 cents | $140 |
(b) Omit:
| Total expenses | $1,250 |
Substitute:
| Total expenses | $1,290 |
(c) In the final sentence omit 'In the year of income, he wishes to claim the following'; substitute 'Using the rate per kilometre set for the year of income commencing 1 July 2016, he wishes to claim the following'.
(a) Omit:
| Car expenses (cents per kilometre method) | $100 |
Substitute:
| Car expenses (cents per kilometre method) | $140 |
(b) Omit:
| Net amount of self-education expenses | $1,050 |
Substitute:
| Net amount of self-education expenses | $1,090 |
(a) Omit '$800'; substitute '$840'.
(b) Omit '$1050'; substitute '$1090'.
(a) Omit:
| Car expenses | $100 |
Substitute:
| Car expenses | $140 |
(b) Omit:
| $750 |
Substitute:
| $790 |
At the second instance omit '$100'; substitute '$140'.
Insert:
Other references
Legislative Determination: Income Tax Assessment Act - cents per kilometre deduction rate for motor vehicle expenses
This Addendum applies on and from 1 July 2016.
Commissioner of Taxation
13 July 2016
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References
ATO references:
NO 1-7UVAH6G