TR 1999/10A2 - Addendum
Income tax and fringe benefits tax: Members of Parliament - allowances, reimbursements, donations and gifts, benefits, deductions and recoupments
Please note that the PDF version is the authorised version of this ruling.View the consolidated version for this notice.
FOI status:may be released
Omit all occurrences of 'electoral'; substitute 'electorate'.
(a) Omit the heading; substitute 'Functions, presentations and meetings'.
(b) After the first paragraph, insert new paragraph:
A deduction is allowable for the cost of a specific public liability insurance policy for a function or meeting arranged by a Member where the function or meeting directly relates to the conduct of the Member's parliamentary duties in their capacity as a Member of Parliament (see paragraph 191A).
Omit 'Electoral'; substitute 'Electorate'.
After the paragraph, insert:
191A. Where a Member pays a premium on an insurance policy that provides coverage for public liability insurance for a function or meeting that is not held in Commonwealth funded electorate offices, a deduction is allowable to the extent the premium relates to his or her work-related activities. A premium paid in relation to a purely social function or event is not allowable.
Omit 'insurance of equipment'; substitute 'insurance expenses'.
Commissioner of Taxation
21 March 2012
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