Work Related Deductions - London v FCTArchived

London v FCT concerns expense deductibility for a corrections officer, who had all his deductions initially denied by the ATO. The ruling has broad applications for individual income tax deductions. This case dive has some great tips and covers:

• Background and facts of the case
• Whether no receipts automatically means no deductions allowed
• Deductibility of expenses not required by an employer
• Deductibility of work clothing and other expenses

This was presented as part of our May 2022 monthly tax update with John Jeffreys, recorded on 18 May 2022.