s8-1 有两个分支,positive limbs, 是关于什么情况能claim deduction ?
Section 8-1 (positive limbs)
taxpayer can deduct from your assessable income any loss or outgoing to the extent that:
It is incurred in gaining or producing your assessable income
It is necessarily incurred in carrying on a business for the purpose of gaining or producing your assessable income
如何理解这个法条,
1). 为得到assessable income , 而伴随产生的expense ,如果income 是exempt , non assessable income , expense 不能claim deduction
2).发生时间点:
incurred in carrying on a business, not before , not closed down
rules :
Expenses incurred before commencement of a business are not deductible under Section 8-1. also see case Softwood Pulp & Paper Ltd v FCT (1976)
how about expenses incurred in closing down a business?
how about )Expenditure Incurred after Business has Ceased Operations ?
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仅仅看s8-1 positive limbs not enough, 还得参考s8-1 negative limbs
Section 8-1 (negative limbs)
However, you cannot deduct a loss or outgoing under this section to the extent that: It is a loss or outgoing of capital, or of a capital nature It is a loss or outgoing of a private or domestic nature It is incurred in relation to gaining or producing your exempt income or non-assessable non-exempt income A provision of this Act prevents you from deducting it
s8-1 negative limbs 讲的是when cannot claim deduction ? 关键词: capital....private or domestic .....non assessable or exempt .... 理解这个法条,难点在于如何判定capital nature of the loss or outgoing , private nature 不难判定,
证明capital nature 之后…………,xxx expense is capital nature , so it is not allowed for deduction under Section 8-1 (negative limbs)
cases : Sun Newspapers Ltd v FCT (1938) 61 CLR 337。。。。。
那么如何通过一系列加微信详细讲解,加微信elainechen2004, final 复习 Tlaw deduction ,提高应考的
如果仅仅知道work to work, can claim deduction, home to work , cannot, 是不够的,
还要注意:
1. work to work
general rule ?
特殊点: two unrelated workplace
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2. home to work , work to home
general rule ?
Exception rule?
Exceptions apply to taxpayers who are:
Subject to specific employment demands
Itinerant workers
On stand-by duties
Involved in transporting bulky goods
注意:哪里人--职业---什么情况?
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