Beatrice owns a lavender farm in regional Victoria. She is concerned about dodgy tax advisers...

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Finance

Beatrice owns a lavender farm in regional Victoria. She is concerned about dodgy tax advisers and so she uses a tax adviser in the Melbourne CBD who is highly recommended and registered with the Tax Practitioners Board. She recently received an invoice for $3,300 from her tax adviser. The invoice related to assistance with her current year income tax return ($1,100) and upcoming sale of her lavender farm ($2,200). Beatrice was a little late in paying her tax liability last year and had to pay a general interest charge of $500. She also incurred $70 in travelling expenses to see her tax adviser.

Advice Beatrice as to the tax deductibility of the abovementioned expenses.

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