ATO focus on holiday home rentals
ATO sets sights on mistakes, errors and false claims made by rental property owners who use their own property for personal holidays As Australians enjoy the Easter break, they should be aware that the ATO is focusing on taxpayers who claim deductions for holiday homes that are not actually available for rent or only available […]
ATO’s focus on work-related expenses
This year, the ATO is paying close attention to what people are claiming as ‘other’ work-related expense deductions Important when taxpayers claim these expenses that they have records to show: they spent the money themselves and were not reimbursed; the expense was directly related to earning their income; and they have a record to prove […]
Self-service super contributions
Easier to claim a tax deduction on personal super contributions than ever before The 1 July 2017 super reforms have opened up a fantastic new opportunity to build wealth in super and reduce your tax bill at the same time. Before 1 July 2017, the only way most people could take advantage of the concessional […]