Claiming a deduction for transport expenses when carrying bulky equipment

August 4, 2020

As a general rule, expenses relating to travel between home and work (and vice versa) are non-deductible. A number or exceptions to this principle exist, including for situations that require bulky equipment be transported to and from work. In order for transport expenses to be deductible under this ‘bulky equipment’ exception, it is usually necessary that all of the flowing conditions are satisfied. The taxpayer will also need to substantiate the expenses by keeping appropriate records of the travel, such as the time, dates, distance, etc.

Criteria to be satisfied

This information has been prepared without taking into account your objectives, financial situation, or needs.  Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation or needs. Content in partnership with Taxpayers Australia

 
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