Tagged With audits

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Earlier in the year, the ATO issued a warning, telling people to keep appropriate receipts and other documentation, particularly for what they call "other work-related expenses". And that warning is accompanied by ATO staff being directed to undertake random audits to make sure people are following the rules when it comes to work-related expenses. So, what can you do to ensure you aren't hit with any fines of extra payments to the ATO?

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The Australian Tax Office (ATO) has confirmed it is conducting random audits of taxpayers in a bid to ferret out spurious work expenses. The random audits began 18 months ago and are ongoing. Here's what you need to know.