The Australian Taxation Office has revealed the three areas in its sights this tax season. 7NEWS
Assistant commissioner Tim Loh said the ATO was homing in on areas where taxpayers often make mistakes and urged Australians to “get their claims right this year”.of $9 billion between the amount of tax people should be paying, and what they are actually paying.
From March 1, those claiming work from home-related deductions will need to provide more details to back up their claims, including recording the total number of hours worked. He added this was also an area where taxpayers tended to make the most errors, whether deliberately or mistakenly.Investment property owners will also be in the hot seat after the ATO discovered a startling number of incorrect returns.
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