Client Resources

    International/Domestic Travel & Record Keeping

    Use these resources to give you a better understanding of your record-keeping requirements and the tax deductibility of your work-related travel expenditure. It includes some useful downloads and a fully worked example to use as a guide when preparing for your tax return to be completed.

    If you have any further questions, please do not hesitate to contact our office.
    1. 1

      Understand the Eligibility Criteria:

      Familiarise yourself with the eligibility requirements for claiming tax deductions on international travel expenses. In Australia, you can generally claim deductions for travel expenses related to earning income or carrying on a business.
    2. 2

      Determine the Deductible Expenses:

      Identify the types of expenses that may be eligible for tax deductions. These can include airfare, accommodation, meals, transportation, and incidental expenses directly related to your business or work-related activities while traveling internationally.
    3. 3

      Keep Detailed Records:

      Maintain thorough records of all your travel expenses. This includes receipts, invoices, boarding passes, travel itineraries, accommodation receipts, and any other relevant documentation. Make sure the documents clearly show the amount, date, and description of each expense.
    4. 4

      Separate Personal and Business Expenses:

      Differentiate between personal and business-related expenses. It's important to only claim deductions for expenses directly related to your business or work-related activities. Keep separate records for personal expenses and ensure you only include the eligible portion for tax deduction.
    5. 5

      Maintain a Travel Diary:

      Keep a travel diary to record the details of your business activities while traveling internationally. Note down the date, location, purpose, and duration of each business-related activity. This diary will serve as supporting evidence for your deductions.

      Do you need to keep a travel diary?


      You don't need to keep a travel diary if you are away for fewer than 6 nights in a row.
      If you are away for 6 or more nights in a row, you generally need to keep a travel diary.

      If you receive a travel allowance from your employer, there are some circumstances where you may not need to keep a travel diary, even if you are away for 6 or more nights in a row.

      Although you don’t need to keep a travel diary if your trip is for less than 6 nights in a row, you may still find it helpful to keep details of your travel.



      Click the link to download the documents below👇

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    6. 6

      Document Proof of Income:

      If you're claiming deductions for travel expenses related to earning income, ensure you have documentation to establish your income-generating activities. This can include contracts, agreements, invoices, or any other relevant proof of your business or work-related engagements.
    7. 7

      Prepare Tax Return:

      Book an appointment with Befinancial Accounting to have your tax return and travel schedule completed.

      Ph: - 1300 699 161
      E: - info@befinancial.com.au
      32 Main Rd Bakery Hill, VIC 3350

      BEFINANCAL

      Accounting & Business Solutions