Dodgy, work-related claims like dry cleaning and car expenses will once again be the most closely scrutinised, along with investment property deductions and“I think just the intensity of the focus is probably different this year,” said H&R Block director of tax communications Mark Chapman.
Mr Chapman said the most important thing to remember was that if you “can’t substantiate it, you can’t claim it”. “Make sure you’ve got the receipt or invoice or bank statement that proves you incurred the expense,” he said. “We are concerned about the extent of noncompliance in this area and will be looking very closely at claims this year.”
“We expect to more than double the number of in-depth audits we conduct this year to 4500, with a specific focus on over-claimed interest, capital works claimed as repairs, incorrect apportionment of expenses for holiday homes let out to others and omitted income from accommodation sharing,” Mr Siebert said.
Not paying tax is the most honourable crime I know.
Try looking at large corporations and billionaires for a change - and stop paying refunds to people not paying tax
Lol.. ATO is becoming next to useless. Why didnt they ever collect those taxes on newscorp. Murdoch scare you off?
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