Solved
Cents per KM travel
The current ATO allowable cents per km rate is 85 cents but we are moving to an award that requires payment of 95 cents per km so the extra 10 cents is taxable. I read in a previous thread from a fe...
Unfortunately that is the way you have to do the allowance. 85c not taxable and 10c taxable.
Other Accounting systems I have come across also have to do it this way.
