Tax Office
ATO to appeal ART decision on truck driver’s meal expenses
From www.accountantsdaily.com.au: The Commissioner of Taxation has filed an appeal in the Federal Court against a recent Administrative Review Tribunal decision that allowed a truck driver to claim $32,782.50 in meal expense deductions for the 2021 income year.… read more
ATO fixed rate working from home expenses moves to 70c
From www.accountantsdaily.com.au: The ATO will increase the fixed rate for calculating working from home expenses to 70 cents per hour starting from 1 July 2024.,… read more
A Win For Employee Truck Driver
From www.bantacs.com.au: A long-distance truck driver faced an ATO audit that denied him deductions for meal expenses while he was away from home for 310 days, despite having a travel allowance and logbook records.… read more
Tax Ombudsman told of ATO data-matching fail
From financialnewswire.com.au: The ATO has faced criticism for incorrect data matching regarding rental income, leading to letters sent to individuals who do not own rental properties, suggesting they failed to declare income.… read more