Hello,
A little off topic, but this is my situation…
If I move from one city to another in australia for a job promotion, can i claim the relocation costs on my tax?
Thanks
Short answer is no.
Business related travel is generally deductible but not private travel. Although you are moving to improve your employment, this relocation is not a requirement of you current position nor an expense in deriving your existing income – i.e. you're basically moving to take up a better offer of employment.
As a result the move is private in nature and not deductible.
You could try and ask your employer to subsidise your move however….
Hi,
You can get your employer to pay for the costs of relocating as part of your salary package. It is a tax deduction to them, and is also an exempt fringe benefit. So you can get an indirect benefit of the tax deduction.
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