Uniform – Tax Pitfalls

When it comes to claiming work uniform expenses, taxpayers frequently make errors, such as: - Failing to retain receipts for uniform purchases and dry cleaning to support their claim -…

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Travel – Tax Pitfalls

The expenses incurred for the travel of your spouse and family during work-related trips are not deductible. If any expenses cannot be distinguished separately, they must be reasonably allocated between…

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Travel – Tax Tips

To claim travel expenses, it is mandatory to maintain a travel diary if the work-related trip extends beyond five days and is either interstate or overseas. The diary should provide…

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Uniform – Tax Facts

According to the ATO, the items listed below meet the criteria for protective clothing: - Clothing that is resistant to fire and offers protection against the sun - Vests of…

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Family Trust – Tax Pitfalls

The Australian Taxation Office (ATO) disapproves of trustees who allocate net income to specific tax-advantaged beneficiaries only on paper, without actually receiving any payments from the trust. https://youtu.be/jS-AcxlYqsU

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