Dental expenses are private expenses
Think dental bills and grooming costs are tax-deductible? The ATO has issued a clear warning — most personal appearance expenses won’t pass the test.
ATO issues warning on rising barter credit tax schemes
The ATO is warning the community to steer clear of an emerging tax scheme involving barter credits — a type of alternative currency used in some business networks.
ATO tightens rules on claiming holiday home expenses
The ATO has announced that it will take a different approach to expenses claimed in relation to holiday homes.
Getting Rental Property Repairs Right at Tax Time
Taxpayers who have had work done on their rental property should ensure the expense is categorised correctly to avoid errors when completing their tax return.
Offshore Worker denied $30K in Travel Deductions
Claiming travel expenses? Know what qualifies. A recent case saw a $30K claim denied, with only home office costs approved. Don’t risk a disallowed deduction — get expert advice before you lodge.
Taxpayer Wins Case for Home Office and Car Deductions during COVID
A taxpayer successfully claimed home office and car expenses due to COVID-19 work changes, with the ART ruling in their favour. Learn what this means for similar deductions.
Essentials Every New Business Owner Needs to Get Right from Day One
Starting a business? Discover the key steps every new business owner must take to stay compliant, manage cash flow and set up for long-term success.
Truck driver entitled to claim meal expenses
A recent decision by the Administrative Review Tribunal backed a truck driver’s claim for meal expenses, even though he didn’t have all the usual proof.
Claim Instant Deductions with the $20,000 Asset Write-Off in 2024/25
Eligible small businesses can instantly deduct assets costing less than $20,000 in 2024/25. Find out who qualifies, what assets are included, and how to claim under the ATO’s instant asset write-off.
‘Wild’ attempts at tax deductions
The ATO reveals some of the most outrageous disallowed tax deduction claims, including air fryers, swimwear and fashion highlighting focus areas for tax time 2025.
