Private ruling: Travel expenses
Date of advice: 22 March 2021
Published: June 2021
Ruling period: Year ended 30 June 20XX
Date scheme commenced: 1 July 20XX

Ruling: Q1: Are your travel expenses deductible? | A1: Yes. You undertook an overseas trip in connection with your employment. The travel expenses incurred in relation to this trip, apportioned for private travel, will be deductible under section 8-1 of the Income Tax Assessment Act 1997.

Relevant facts and circumstances: You are employed as the Chief Operating Officer for XXXX. You are paid a fixed salary, and a bonus which is a percentage of the net profits of the company. You travelled to XXXX to source a new supplier for XXXX, after there were issues with some of your clients not accepting goods from your previous supplier. You continued to be paid your salary while undertaking this travel, and you were not paid a travel allowance or reimbursed for any of your expenditure relating to this travel. During your travel you were required to drive to multiple countries. As you were unable to obtain a rental car, due to being unable to insure across multiple countries, you shipped your personal vehicle there to undertake this required driving. During your trip you undertook some personal travel.