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Tuesday, 7 May 1957


Mr Webb b asked the Treasurer, upon notice -

As building materials, paints, &c, are very expensive, will he give consideration to a sum not exceeding £50 spent for home renovation being an allowable deduction for income tax purposes?


Sir Arthur Fadden - The answer to the honorable member's question is as follows: -

The cost of renovating a taxpayer's own residence is essentially expenditure -of a private nature and it would be difficult to find any concession of this nature that would operate equitably as between taxpayers. It would appear that a taxpayer who rents his home might claim, with as good reason, that he should receive some income tax allowance in respect of the rent which he pays. Consideration will, however, be given to the proposal when the 1957-58 budget is in course of preparation.


Mr Webb b asked the Treasurer, upon notice -

Will he agree to an amendment of the Income Tax and Social Services Contribution Assessment Act to provide that verifiable fares or reasonable transport costs incurred by workers in travelling to and from their place of employment shall be allowable deductions for income tax purposes'


Sir Arthur Fadden - The answer to the honorable member's question is as follows: -

Such expenses are regarded as being of a private or domestic nature, the deduction of which is expressly excluded from deductible expenditure by section 51 (1) of the Income Tax and Social Services Contribution Assessment Act. Proposals for an amendment similar to that suggested by the honorable member have been considered from time to time, but up to date the Government ha* not found it possible to grant the concession The matter will, however, be re-examined when th, 1957-58 budget is in course of preparation.







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