With Tax Time 2019 just around the corner, we run over the sort of substantiation that the ATO expects for work-related deductions that taxpayers claim.
We also look at Taxable Payments Annual Reports, and the new industries that these cover starting this year.
Also this month we cover the ATO’s compliance actions that it is subjecting trusts to, and the status of making personal deductions for car parking expenses.
Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.