Last year, 6.7 million taxpayers claimed a record 7.9 billion in deductions for ‘other work-related expenses’, which includes home office expenses.
Rerportedly, due to a high number of mistakes, errors and questionable claims for home office expenses, the ATO has recently advised that it will be increasing attention, scrutiny and education on these cliams this tax time.
In particular, the ATO has flagged their concerns relating to taxpayers who are claiming:
Read more: Practice Update October 2018 Newsletter.pdf
