The cost of living ‘crisis’ is real but the Australian Taxation Office (ATO) is not prone to sympathy for taxpayers who try to reclaim some of their hard-earned income by short-changing the tax man.
The ATO will be scrutinising tax claims this year as they continue to work at reducing 'The tax gap’ which is the difference between the tax payable according to law and the tax actually reported from taxpayers.
If you’re thinking of pushing the boundaries, there are a few things to think about.Outsized claims compared to other workers . . .
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