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ATO focus on work-related expenses

The ATO has warned taxpayers to ensure that work-related deduction claims in their tax returns are correct. This tax time, the ATO will focus on claims for work-related expenses, particularly those relating to:

  • overnight travel
  • transporting bulky tools and equipment, and
  • the work-related use for computers, phones and other electronic devices.

The ATO has reminded taxpayers to only claim work-related expenses they are entitled to. Taxpayers claiming these deductions must have spent the money, the expenses must be related to their job and they must have a record to prove it.

In its media release, the ATO lists some common errors and also highlighted case studies of incorrectly claimed car expenses and home office expenses which resulted in significant additional tax liabilities and penalties for taxpayers.

Source: ATO media release, 16 June 2014.

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