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Discuss whether the taxpayer in the following circumstances can claim a...

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Accounting

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Discuss whether the taxpayer in the following circumstances can claim a general deduction for the full amount incurred in the current year of tax anding 30 June 2n22. Your answer must be supported by references to relevant legislation, caselow and/or tax rulings. 1. Annual rent of $50,000 paid for a house in which the taxpayer lives in and conducts an interior design business from. The office from which the interior design business is conducted is separated from the rest of the house. The office occupies around 10% of the total foor space of the house. (5 Marks) i. Travelling expenses of $7,000 incurred by a casual school teacher in using her own car to travel from home to various schools at which she was required to teach. The taxpayer was notified in the morning by the Department of Education which school she was expected to teach at. (5 Marks) iii. The payment of $350,000 in legal fees to defend breach of contract court proceedings commenced against the taxpayer by an unhappy customer

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