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Thursday, 5 December 1974
Page: 4785

Mr Lloyd asked the Treasurer, upon notice:

Will a political party levy deducted from a politician 's salary, such as the one recommended at the recent Queensland Labor Party Convention, be tax deductible.

Mr Crean - The answer to the honourable member's question is as follows:

As in the case of any other taxpayer, a Member of Parliament is entitled to deduct from his assessable income all outgoings (other than outgoings of a capital, private or domestic nature) which are incurred in the course of gaining or producing his assessable income.

The Commissioner of Taxation has advised that, under longstanding administrative arrangements, a Member may furnish full details of all expenses incurred in the performance of his parliamentary functions and, if this is done, affiliation fees and levies paid to a political party are accepted as outgoings which qualify as allowable deductions. Alternatively, if a Member is unable to furnish full details of his actual expenditure, he may claim a deduction equal to the electorate allowance received. In this situation, the deduction allowed is regarded as embracing all outgoings incurred in the discharge of his official duties, including affiliation fees and levies paid to a political party

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