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Talkback 8223 0000 Reception : 8419 1395
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Email onair@fiveaa.com.au
Text 0448 08 1395

On Air Rowey and Timmy G Weekdays 4pm-7pm

Contact Us
Contact Us:
Talkback 8223 0000 Reception : 8419 1395
Reception 8419 1395
Email onair@fiveaa.com.au
Text 0448 08 1395
Contact Us:
Talkback 8223 0000 Reception : 8419 1395
Reception 8419 1395
Email onair@fiveaa.com.au
Text 0448 08 1395

ATO Releases Warning Over Tax Claims

1 min read

The Australian Tax Office is clamping down on dodgy work-related car expenses.

“Some people think they are entitled to a ‘standard deduction’ for car expenses, using the cents per kilometre method, but this is not the case,” ATO assistant commissioner Kath Anderson said.

“While it’s true that you don’t need written evidence for claims of up to 5000 kilometres per year, you do need to be able to show that you were required to use your car for work, and how you calculated your claim.

“If you make a claim for transporting bulky tools, you need to be able to prove you were required by your employer to take these items to work, and that there was no safe place to store them.

“It is also important to make sure you don’t double-dip. In other words, you cannot claim expenses that have already been paid by your employer, including salary sacrificing arrangements.”

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