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Tag Archives: deductions
2010-11 ATO audit focus – Individuals
Over the last few years the ATO has found that sending letters to targeted occupations substantially reduces the claims made by that group. In June 2009 they wrote to over 178,000 taxpayers in seven occupations including: concreters; construction and plumbers assistants; electricians; … Continue reading
Sportsperson management fees – High Court decision & ATO response
The ongoing fight over the Australian tax Office’s decision to refuse tax deductions for fees paid by sportsperson to their managers was finally decided by the Australian High Court in June and now the ATO his issued its response. … Continue reading
ATO to appeal education expense deduction decision
On 1 April 2009, the Federal Court handed down its decision in Symone Anstis v. Federal Commissioner of Taxation. Ryan J. held that Ms Anstis, who received a youth allowance as a university student, was entitled to a tax deduction for her … Continue reading