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When to claim home office tax deductions

When to claim home office tax deductions

17 July 2019 If you perform some of your work from home, you may be eligible to claim home office tax deductions, even if the room is not set aside solely for work-related purposes. Home office tax deductions may be claimed for expenses that fall into the following...
The ATO has eyes on work-related laundry expenses

The ATO has eyes on work-related laundry expenses

9 July 2019 The ATO is airing the ‘dirty laundry’ on work-related clothing and laundry expenses warning that it is closely reviewing claims. “Last year around 6 million people claimed work-related clothing and laundry expenses, with total claims adding up to nearly...
FBT: The six things currently on the ATO radar

FBT: The six things currently on the ATO radar

9 May 2019 The ATO has indicated it will be looking closely at the following fringe benefits tax issues this year. According to the ATO website, the following FBT issues will be closely monitored this year: failing to report car fringe benefits, incorrectly applying...
April ATO deadlines

April ATO deadlines

13 March 2019 BAS and super and PAYG – oh my! It’s all happening as we round out quarter 3 of the 2018-2019 financial year – make sure you note the ATO deadlines. Make sure you’ve got all your ATO ducks in a row to maintain a year of smooth...
Tax and foreign income

Tax and foreign income

6 February 2019 Do you earn income overseas? A recent case highlights why you might pay more tax than you thought on foreign income. If you are an Australian resident and earn income from overseas, such as income from investments, sale of assets such as property,...