The Australian workrelated expenses regime fit for purpose or ripe for reform? Jes Detterer, Chris Evans and Tania Sourdin
By: Detterer, Jes
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Contributor(s): Evans, Chris C | Sourdin, Tania.
Material type: 
ArticleSubject(s): RENTA | IMPUESTOS | GASTOS DEDUCIBLES | RENDIMIENTOS DE TRABAJO | AUSTRALIA
In:
Australian Tax Forum: a journal of Taxation Policy, Law and Reform v. 37, n. 3, 2022, p. 407-454Summary: This article considers policy options for the revision or reform of the work-related expense (WRE) regime for individual taxpayers in Australia. At present, due to the significant overclaiming and potential underclaiming of WREs that is occurring, the regime does not appear to be achieving an equitable outcome for individuals. Instead, individuals receive a random benefit depending on the difference between their legitimate entitlement under the legislation and their actual WRE claim. While the incorrect amounts claimed by individual taxpayers are relatively small, as a whole, the WRE regime has a large impact on the individuals (not-inbusiness) income tax gap.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Artículos | IEF | IEF | OP 1867/2022/3-4 (Browse shelf) | Available | OP 1867/2022/3-4 |
Resumen.
This article considers policy options for the revision or reform of the work-related expense (WRE) regime for individual taxpayers in Australia. At present, due to the significant overclaiming and potential underclaiming of WREs that is occurring, the regime does not appear to be achieving an equitable outcome for individuals. Instead, individuals receive a random benefit depending on the difference between their legitimate entitlement under the legislation and their actual WRE claim. While the incorrect amounts claimed by individual taxpayers are relatively small, as a whole, the WRE regime has a large impact on the individuals (not-inbusiness) income tax gap.
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