Posts tagged "work expenses"

A Queensland director has been unsuccessful in his bid to claim nearly $50,000 in business travel, accommodation, and food costs as income tax deductions because he didn't have the receipts.

The ATO has dispelled common tax time myths and explained how to avoid having your tax return slowed down by bad paperwork.

With many Australians working from home during the coronavirus pandemic, tax time will be a different affair this year. Here’s what you need to know about claiming tax deductions for your expenses while working from home.

The small business tax gap eclipsed $11 billion in 2015-16, so the tax office is stepping up efforts to curb black economy activity.

The Australian Taxation Office (ATO) has released new guidelines for fringe benefits tax (FBT) on work vehicles and experts are warning SME …

The ATO has this week announced a widespread random crackdown on millions of Australian taxpayers after a tax gap of over $8.7 billion was uncovered.

The skies are dark, the sales are on, and every ringing phone strikes fear into the hearts of Australia’s accountants. Yep, it’s that ti…

Businesses and individuals have been warned by the ATO against claiming “standard” deductions come July 1, with experts saying justification is necessary no matter how small the deduction.

The head of the Australian Taxation Office has told a Senate estimates hearing there will be greater scrutiny placed on taxpayers workplace-…

A tax industry body has made a plea for the federal government to radically reconsider how taxpayers claim tax deductions for work-related e…

It’s the time of year to celebrate big wins and bond as a team, but can you force an employee to attend your Christmas function?

Many bus…

The Australian Taxation Office is asking business owners and employees to “pull up their socks” when it comes to claiming tax deductions for…