Approximately 7.3 million taxpayers claimed work related expenses, and on average $2,008 was claimed for items such as car, travel, uniform and self education.
The ATO monitors these types of claims and inparticular certain occupations where average expenses are high, or there is an significant increase in the number of taxpayers making claims.
This year the ATO will be targeting the following occupations:
The most common mistakes made by taxpayers in these occupations include:
It is important if you are in one of these occupations that you get your work related expense claim correct. This ensures that you have receipts and are able to document all your claims. Here at Dolman Bateman we can ensure that you make the correct claim for work related expenses.
This article has been prepared for the purposes of general information and guidance only. It should not be used for specific advice or used for formulating decisions under any circumstances. If you would like specific advice about your own personal circumstances please contact our office.