Laundry Claims

From Tax & Super Australia:

This tax time, the ATO, as usual, has nominated some tax claim hot spots that it will be paying attention to — and which you could warn clients who may be likely to claim these deductions with abandon.

For example, the ATO has already flagged that it will be checking returns for taxpayers who take advantage of the exemption from keeping receipts when spending less than $150 on laundry expenses. The ATO believes that too many people are claiming this without actually incurring the expense………..

Call us and make an appointment if we can assist in preparing your 2019 Individual tax return on 03 9846 6542 or email info@townshendassociates.com