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
- ATO hit list 2025 – Key Areas Under Review
- Why Succession Planning Matters for Privately Owned and Wealth Groups in Australia
- Benefits of a business plan
- Roles and Responsibilities in a Business Partnership
- Mixing business and pleasure? Be vigilant this tax season
- 30 June 2025 - Tax Checklist - Small (and Micro) Business
- 3 more GST fraudsters sentenced under ATO’s Operation Protego
- Evolution of Boeing - 1916 - 2025
- ATO - Targeted Areas of Focus 2024-25
- 6 ways to improve your business plan
- Benchmarks for small business
- Beware the early lodgment tax trap, CPA Australia warns
- Tax lawyer flags compliance traps with family trusts
- Superannuation on paid parental leave from 1 July 2025
- Tax Time Checklists Individuals; Company; Trust; Partnership; and Super Funds
- Comparison of various Animal Weights
- 2025 Tax Planning Guide Part 2
- From 1 July 2025 ATO Interest is no longer tax deductible
- SME confidence and conditions see uptick over Q1 2025, survey reveals
- Depreciation expert urges property investors to leverage tax depreciation
- Buy a business
- Upskilling and self-education costs
- How secure is your super account?
- Freshwater Resources by Country 2025
- Why Might a Lease Dispute Occur?
- 2025 Tax Planning Guide Part 1
- $20,000 instant asset write-off
- New Bunnings scam warning
- The Largest Empires in the World's History