Dr Joe Medic, a lecturer in Medicine at Adelaide University, took leave on 8 March 2020...

 

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Dr Joe Medic, a lecturer in Medicine at Adelaide University, took leave on 8 March 2020 to attend a three-day conference in London. While there, he was offered a 12-month fellowship at the Smith Institute, which was undertaking research into neurological diseases. As Dr Medic hoped this would enhance his reputation as a neurologist, he accepted the fellowship and resigned his lectureship at Adelaide University. Dr Medic returned to Australia at the end of his 12-month stay in London and accepted a senior lectureship in Medicine at a famous Victorian university. Dr Medic seeks to claim the following expenditure: $3,500 for his airfare $2,400 for conference expenses, and $35,000 for the living expenses incurred while in London. Advise Dr Medic about the deductibility of this expenditure. Dr Joe Medic, a lecturer in Medicine at Adelaide University, took leave on 8 March 2020 to attend a three-day conference in London. While there, he was offered a 12-month fellowship at the Smith Institute, which was undertaking research into neurological diseases. As Dr Medic hoped this would enhance his reputation as a neurologist, he accepted the fellowship and resigned his lectureship at Adelaide University. Dr Medic returned to Australia at the end of his 12-month stay in London and accepted a senior lectureship in Medicine at a famous Victorian university. Dr Medic seeks to claim the following expenditure: $3,500 for his airfare $2,400 for conference expenses, and $35,000 for the living expenses incurred while in London. Advise Dr Medic about the deductibility of this expenditure.

Answer rating: 100% (QA)

The airfare and conference expenses are deductible as they are necessary expenses incurred ... View the full answer