News
AAT rejects taxpayer’s claims for work-related expenses
November 4, 2024
In a recent decision, a taxpayer's claims for various work-related expenses were rejected by the Administrative Appeals Tribunal. The taxpayer was employed as a traffic controller in the 2020 income year. In his income tax return for that year he claimed $9,800 in work-related deductions, including for car expenses (using the cents per km method), […]
Sessional lecturer entitled to superannuation support
August 26, 2022
The Federal Court has agreed with the ATO that a lecturer providing services to a higher education provider was a common law employee and therefore entitled to superannuation support, despite being engaged as an independent contractor. The ATO reviewed the situation and concluded that the lecturer was entitled to receive superannuation support. This was on […]
Reminder for first-time share investors to declare income
October 13, 2021
The ATO has issued a reminder for first-time share and
Exchange Traded Funds ('ETF') investors.
Time running out to register for the JobMaker Hiring Credit
September 8, 2021
The JobMaker Hiring Credit scheme's third claim period is now open, so if a taxpayer has taken on additional eligible employees since 7 October 2020, they may be able to claim JobMaker Hiring Credit payments for their business.
Travel allowances and ‘LAFHAs’
September 8, 2021
Whether accommodation and food and drink expenses are deductible depends on the facts and circumstances of each case, so the Ruling uses examples to show how to determine the deductibility of these expenses in a range of situations.