Do not

THE Australian Taxation Office (ATO) is warning taxpayers to think twice before ‘copying and pasting’ work-related claims from last year’s tax return.

ATO Assistant Commissioner Tim Loh said there are some key changes to look out for this tax time when claiming your deductions.

“When you’re getting ready to lodge, consider the records you have to support your claims this year – don’t just copy and paste your claims from last year, this will raise a red flag for us,” Mr Loh said.

Around 8.6 million Australians claimed nearly $21.6 billion in work-related expenses in their 2022 tax returns.

“We want people to get their deductions right on the first go and claim what they are entitled to – nothing more, nothing less.”

“Some occupations have expenses that are specific to their occupation. For example, flight attendants can claim rehydrating moisturisers and nurses can claim stethoscopes – our guides can help you get it right,” Mr Loh said.

To claim a deduction for a work-related expense, remember our 3 golden rules:

• you spent the money yourself and weren’t reimbursed

• it directly relates to earning your income and it isn’t private in nature

• you must have a record to prove it (usually a receipt).

“If you’re not sure, reach out to a registered tax agent to help you get your tax return right the first time,” Mr Loh said.

Working from home

Just under 5 million people claimed a working from home related deduction last financial year.

‘We know a lot of Aussies are back in the office or have hybrid arrangements, so it’s important to consider whether your claims

Alternatively, you can drop your information in person, or send it to us via post or email.

We understand that time is of the essence to get everything on the dot and to get money back especially during these trying times. We are ready to get your taxes done.

We can complete and electronically lodge your tax return quickly and efficiently so that you can get the maximum refund you are entitled to.

We can deduct our fees from your refund. To make it easier for you, we have prepared EOFY checklists to ensure you have your documents ready.

Download your 2023 checklist from our website or give us a call.