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
|Contributions made on behalf of your spouse to a complying superannuation fund or a retirement savings account (RSA) may be eligible for a tax offset. The 2019/2020 tax rules allow you to claim an 18% tax offset on super contributions up to $3,000 on behalf of your spouse. While you are able to co...|
|Demonstrating strong interpersonal skills in the workplace can boost your performance and improve your experience at work by promoting positive workplace relationships. Interpersonal skills that will help employees thrive amongst each other can include communication skills, negotiation, problem s...|