PPRuNe Forums - View Single Post - Virgin Australia - Wannabes & Recruitment
Old 22nd Sep 2008, 01:07
  #555 (permalink)  
ccguy
 
Join Date: Jan 2007
Location: Brisbane
Age: 47
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Hey guys. you are only allowed to claim the difference between what the company pay you and what the ATO set allowance is.

For example, Last year at VB, the overnight allowance was approx $94 a night, and the ATO said the domestic allowance set by them was $97. So, I was only allowed to claim the difference of $3 a night back in my tax return.

Be careful at tax time also as there have been some crew at VB, and I would assume other airlines to, where the tax agent has claimed the entire overnight allowance (which is paid to you by the airline tax free) and although they get a bigger tax return, you are at risk of being audited because you are claiming an amount for which you get tax free.

I hope this helps.
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