News & Articles

Tax Return Mistakes

Some taxpayers assume that lodging an annual tax return is easy.

   

 

Cheap talk at the pub, or at a party, or from a sales assistant at a computer store, can lead to costly errors.

Examples of items that you cannot automatically claim are:-

  • $300 for work-related expenses
  • $150 for laundry
  • 5,000 kilometres for cars
  • credit card statements as evidence
  • home to work travel
  • plain clothes for work
  • grooming
  • holidays connected to a conference
  • gym memberships
  • pay TV subscriptions

We spend a great deal of effort to remain up to date and aware of all rules, but also alert to opportunities as the rules become more complex every day.

By all means, ask about these expenses if you think they may be relevant and you pay them.

 

 

AcctWeb

© 2024 Accounting and Adviser Services Pty Ltd. Privacy Policy