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🔹 Work-Related Deductions – Claims for working from home, mobile phone/internet, motor vehicle use, and items under $300 are under close watch. Make sure you have proper records to support your claims.
🔹 Property Claims – Rental and holiday home deductions must be accurate and only claimed for eligible periods. Joint ownership must be split correctly.
🔹 Sharing Economy Income – Income from platforms like Uber, Airtasker, Airbnb, and Stayz must be declared. The ATO receives data directly from these platforms.
🔹 Cryptocurrency – The ATO is matching data from exchanges to ensure crypto profits (and losses) are reported correctly.
🔹 GST & Cash Economy – High-risk industries like construction, retail and hospitality are being audited for GST fraud and undeclared income.
✅ Tip: Keep clear records and ensure your claims are legitimate. If you need help navigating tax time, our team is here to ensure your return is compliant and maximised.
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