Tax

Clients’ Car Expenses Claims to Get the Blowtorch Treatment This Tax Time

By: Steve Burnham Assistant Commissioner Kath Anderson has announced that the ATO is particularly concerned about taxpayers either making mistakes or deliberately lodging false claims in relation to work-related car expenses over tax time 2018. “Last year around 3.5 million people made a work-related car expense claims, and together they totalled about $8.8 billion,” Anderson says. “Now […]

May 8, 2018
Tax

Common Errors With Fuel Tax Credits, and How to Avoid Them

By Steve Burnham Fuel tax credit rates are updated every year (generally on 1 February, but this year they changed on 5 February). It is therefore a timely that the ATO has made public some common errors that taxpayers make when calculating and claiming fuel tax credits. The tips that follow will help taxpayers avoid these errors, […]

February 20, 2018