Which expenses are non-deductible under Australian tax law

date:2026-07-29 12:40:58 author:admin browse: time View comments Add Collection

Which expenses are non-deductible under Australian tax law

Which expenses are non-deductible under Australian tax law? (Multiple)

A. Government fines and penalties

B. Private domestic expenses

C. Business travel expenses

D. Capital expenditure for asset acquisition

Answer: ABD

Explanation: Fines, private expenses and capital expenditure are non-deductible; reasonable business travel expenses are tax deductible.