Warning!Check Deductions

Excerpt from Accountants Daily: Apart from work-related expenses, the Tax Office will also take a tougher stance around over-claiming of rental deductions and the non-declaration of rental income. “Another big thing we would say, and it is important particularly this year, because we are getting more and more information in our data collection, and that…

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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…

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