St George Taxcare CPA - Tax Agent, Migration Agent, ASIC Agent, Mortgage Adviser & SMSF Adviser
St George Taxcare CPA - Tax Agent, Migration Agent, ASIC Agent, Mortgage Adviser & SMSF Adviser
Jul 31, 2018
ATO published top common errors in personal income tax return: 1. Everyone can automatically claim $150 for clothing and laundry, 5000 kilometres for car related expenses, or $300 for work-related expenses, even if they didn’t spend the money. 2. I don’t need a receipt, I can just use my bank or credit card statement. 3. I can claim makeup that contains sunscreen if I work outside. 4. I can claim my gym membership because I need to be fit for work. 5. I can claim all my travel expenses if I add a conference or a few days’ work to my holiday. 6. I can claim my work clothes because my boss told me to wear a certain colour. 7. I can claim my whole Netflix or Foxtel subscription because I need to keep up to date for work. 8. I can claim home-to-work travel because I need to get to work to earn my income. 9. I’ve got a capped phone plan, so I can claim both personal and private phone calls. 10. If I use an agent, they will take responsibility for my claims. https://www.ato.gov.au/Media-centre/Media-releases/Tax-myths-busted!/