Do you have a clothing deduction?
The ATO is examining many of the work-related clothing and laundry expense claims in this year's tax returns. The ATO reports that the claims for clothing expenses are up nearly 20% over the last five years.
They are particularly worried about common mistakes, people claiming ineligible clothing, claiming for items without having spent money and many people unable to explain their claim and how it was calculated.
The best advice is to organise a time to work with Michael to make sure you are accurate in your claims.