Tagged With australian tax office

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Earlier this week, I reported on some data that came from the Australian Taxation Office (ATO) suggesting tax payers are skipping out on paying almost $9 billion through dodgy claims on tax returns.

The ATO has responded saying the methodology used in coming up with that estimate is sound and that the problems stem from a lack of thoroughness, sometimes as the result of tax agents as well as poor record keeping.

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Every financial year, the Australian Taxation Office (ATO) puts the spotlight on certain work expenses that people attempt to claim erroneously. Whether through genuine error or deliberate subterfuge, these dodgy deductions add up to millions of dollars in lost government spending - and they can land you in hot water with the tax man. Here are 11 claims that the ATO plans to target this year, straight from the horse's mouth.