Travel Allowance
Where you are employed by your own company or trust and need to travel for
business you can utilise the government’s reasonable travel allowances. The
advantages are:
• they are generous,
• for foreign travel, no documentation is required for food, drink and incidentals
(however a travel diary must be maintained),
• for domestic travel, no documentation is required for accommodation, food,
drink, and incidentals.
A sample of daily rates for the 2012 financial year is set out below.
Place
Salary Range
0 to $100840
$100841 to
$179350
Above $179351
$
$
$
Brisbane
314.10
370.80
394.15
Gold Coast
283.10
307.80
328.15
Sydney
296.10
362.80
423.15
Melbourne
286.10
353.80
423.15
USA
165.00
215.00
255.00
Reasonable Travel Allowance Expenses
for Employee Truck Drivers
Employed truck drivers who are required to sleep away from home and receive a
travel allowance can claim up to the reasonable travel allowance amounts without
supporting documentation. For the 2011-12 income year, the relevant amounts are:
Employee Truck Drivers
Salary Range
Food and Drink
$100,840 and below
B’fast Lunch Dinner
$21.15 $24.20 $41.65
$87.00 per day
$100,841 and above
B’fast Lunch Dinner
$23.65 $24.20 $47.10
$94.95 per day
The information contained in this newsletter is for informational purposes only. It is not intended to take the place of
financial and accounting advice and should not be relied on when making business or personal decisions.
For more information, Telephone Ranald Duhig, or David Clark on 07 3862 1361