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
Hot Issues
- FBT Reminder – Odometer Reading
- ATO’s debts on hold campaign prompts new IGTO guidance
- A comprehensive collection of small business benchmarks
- The 2025 Financial Year tax & super changes you need to know!
- Underperforming employees: When can you terminate?
- A comprehensive list of guides to industry specific tax deductions.
- ‘Renewed concerns’ about economy sees consumer sentiment dip: Westpac
- Oldest Buildings in the World.
- Small businesses may ‘collapse under strain of payday super’, IPA warns
- ATO’s hands tied with scrapping on-hold debts, expert says
- What Drives Your Business Growth and Profits?
- Australian Taxation Office (ATO) shifting to firmer debt collection activity
- Why employee v contractor comes down to fine print
- Sharing economy reporting regime for platform operators
- Countries producing the most solar power by gigawatt hours
- Illegal access nets $637 million
- Accessing superannuation benefits.
- Does your business have a company Power of Attorney?
- Labor tweaks stage 3 tax cuts to make room for ‘middle Australia’
- GrantConnect
- 2 in 3 SMEs benefit from instant asset write-off, survey reveals
- Updated guidance on R&D claims
- Do you know how to recover debts?
- Wheat Production by Country
- Types of small business benchmarks
- What is a Commercial Lease?
- Vimeo test
Article archive
- January - March 2024
- October - December 2023
- July - September 2023
- April - June 2023
- January - March 2023
- October - December 2022
- July - September 2022
- April - June 2022
- January - March 2022
- October - December 2021
- July - September 2021
- April - June 2021
- January - March 2021
- October - December 2020
- July - September 2020
- April - June 2020
- January - March 2020
- October - December 2019
- July - September 2019
- April - June 2019
- January - March 2019
- October - December 2018
- July - September 2018
- April - June 2018
- January - March 2018
- October - December 2017
- July - September 2017
- April - June 2017
- January - March 2017
- October - December 2016
- July - September 2016
- April - June 2016
- January - March 2016
- October - December 2015
- July - September 2015
- April - June 2015
- January - March 2015
- October - December 2014
July - September 2019 archive
- Access to more resources and tools than most websites.
- Tax Return Mistakes
- SMSF advice appetite strong, says ASIC
- Taxpayers confused by Scott Morrison’s $1,080 tax refund
- Common STP set-up mistakes - ATO
- Proposal to hold directors liable for GST set to pierce corporate veil
- September 2019 - vital statistics for Australia
- Tax Commissioner wants to turn black economy to ‘lighter shade of grey’
- Changes to the Private Health Insurance Statement
- Up to 9 in 10 ‘other’ expenses adjusted as ATO reveals dodgy claims
- Downsizer Super Contribution
- Tax payers to receive beefed up tax returns.
- 10 top global corporations since 1998
- Catch-up Contributions
- Life Insurance
- Community tip-offs trigger ATO visits
- Australia at a glance
- 2019: Tax Time Checklists - Individuals; Company; Trust; Partnership; and Super Funds
- Small business clients need to be ready for STP by 30 September
- Big four firm outlines new financial year checklist for SMSFs
- Alert - Online Share Accommodation
- ATO flashes warning over $7.2bn car expenses claims
- Vital statistics for our great nation.
- 3 out of 4 tax dob-ins are about business
- Tax on compensation received for inappropriate advice
- ‘Extra care’ crucial in avoiding ATO spotlight this tax time
What our clients say about us