Required: Briefly describe which of the following deductions would be deductible under section 8-1 if the relevant specific deductions mentioned did not exist in the legislation (citing authority )  . Donation to a charity (which assists homeless persons) by an employee lawyer, where the donation is deductible under Division 30. Repairs to office premises owned and used by a business which are deductible to that business under s 25-10. Depreciation deductions under Division 40 for a car owned and used by a delivery business for undertaking deliveries. An employee deducts amounts payable to their registered tax agent for defending themselves against an ATO tax audit under s 25-5.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Required: Briefly describe which of the following deductions would be deductible under section 8-1 if the relevant specific deductions mentioned did not exist in the legislation (citing authority )  .

  1. Donation to a charity (which assists homeless persons) by an employee lawyer, where the donation is deductible under Division 30.
  2. Repairs to office premises owned and used by a business which are deductible to that business under s 25-10.
  3. Depreciation deductions under Division 40 for a car owned and used by a delivery business for undertaking deliveries.
  4. An employee deducts amounts payable to their registered tax agent for defending themselves against an ATO tax audit under s 25-5.
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