The ATO is cracking down on work-related deductions this tax time.
If you’ve set up a home office in your study or converted a spare bedroom into a work space, you need to know which deductions you can claim and can’t claim this tax time.
With the end of financial year just around the corner, here are five common mistakes to avoid when doing your tax this year.
Don’t fall victim to scammers this tax time. Learn to recognise a scam and don’t hand over your personal details or hard-earned cash, advises the ATO.
New research has revealed that 78% of Australia’s small business owners don’t fully understand the $20,000 tax break, with 67% of them not making the most of the opportunity in the lead-up to June 30.
With the end of the financial year looming, it’s time for landlords to get their deductions in order.
Changing work patterns mean more Aussies are setting up a home office. Here is what you can claim at tax time.
With the cost of petrol these days, anything you can do to reduce the cost of motoring is welcome. Here’s how to claim your car usage on your tax return.