ATO now targeting: Construction and Sales workers
Written on the 25 June 2013 by Macmillans Waller Fry - Accountants
For the 2013 financial year the ATO has announced that it will be looking closely at the income tax returns in the following occupations:
- Building construction project managers and supervisors
The ATO considers individuals in these groups are at a higher risk of making incorrect claims or mistakes with their work related expenses due to the types of deductions they are entitled to claim.
Based on claim patterns and/or errors identified with work-related expense claims in previous years, the following types of claims often made by employees in different occupations are more likely to generate greater ATO audit attention:
- Travel claims involving individuals being ‘on call’ or carrying ‘bulky equipment’
The ATO website has occupation-specific information for those in sales and marketing and the building and construction industries which can be used as a guide when preparing your 2013 income tax return.
Sales and Marketing Managers -
Building and Construction Workers –
For further information please do not hesitate to contact Macmillans Waller Fry – Accountants on 02 49335355.
Author: Macmillans Waller Fry - Accountants