Car expense deductions can be claimed by using the cents/km method. If a rate of 65 c/km is used, what is the allowable deduction for a car that has travelled 4200 km?

Sally works from home. She is entitled to a 25% deduction from her electricity bill, which she pays $320 per quarter, a deduction of $720 from the depreciation of her laptop and a 40% deduction from her telephone bill of $184 per month. What are her total annual deductions?

Anna is the owner of a hairdressing saloon. She pays rent of $920 per week, has an electricity bill of $320 per quarter and a telephone bill of $210 per month. These expenses are work related. What is Anna's total allowable tax deduction?

Wendy is a teacher who buys a $2,950 laptop for school use. The laptop is an allowable deduction with a rate of depreciation of 30% p.a. of its current value. How much can be claimed for depreciation in the second year?

The van cost $52,600. He is entitled to claim a 15% deduction of the cost. What is Tony's allowable tax deduction?

Charles is a teacher who bought a $2240 laptop for school use. The laptop is an allowable tax deduction with a rate of depreciation of 25% p.a. of the current value. How much can be claimed for depreciation in:

(i)  the first year

(ii)  the second year

Car expense deductions can be claimed by using cent/km method. If a rate of 60c/km is used, what is the allowable deductions for a car that has traveled:

(i)  3200km

(ii)  4800km 

Tony is the owner of a bookshop in a shopping center. He pays rent of $850 per week, has an electricity bill of $420 per quarter and a telephone bill of $250 per month. These expenses are work related. What is Tony's total allowable tax deduction?

Donald is a rice farmer. He has capital equipment on the farm worth $320,000. He is allowed a tax deduction for the depreciation of capital equipment based on a percentage of the current value. What is the tax deduction for the rate of depreciation of

(i)  12%p.a.

(ii)  25%p.a.

Tia is a teacher. She is allowed to claim the following items as a tax deduction.

• Union fees $832
• Charity donation $1250
• Staff uniform $120
• Stationary $230

What is Tia’s total allowable tax deduction?

Richard is allowed to claim 81c/km for the running costs of his van. If he travelled 9,845km this year, calculate the deduction he can claim for travel.

Richard uses a computer to write up his invoices. He purchased it for $890 on 1 July 2009. Each year he is allowed a 33% deduction for the depreciation of the computer. Calculate his tax deduction for:

i) The 2009 - 2010 financial year

ii) The 2010 - 2011 financial year