Claim Archives - The Garis Group

Tax Time 2021 Changes Working from Home Expenses

Tax Time 2021: Work From Home Expenses Under Scrutiny

June 8, 2021

2021, Claim, Expenses, individual tax return, Tax Return, Tax Time, Tax Time 2021, Working from home

Work from home expenses under scrutiny & the perils of browsing Facebook. If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed.…

Couple working from home during the COVID-19 Pandemic

ATO Signals Crackdown on 4 Ineligible Work-From-Home Claims

May 11, 2021

Emma Zajac

Claim, COVID-19, Expenses, Tax, Tax Time, Taxpayer, Work-from-home

As tax time looms, the ATO has pointed to four key ineligible work-from-home claims it will be watching closely as taxpayers look to make the most of flexible working arrangements. The ATO on Thursday urged all taxpayers to be aware that, while the temporary shortcut method will remain available to those claiming work-from-home deductions this…

Refunds for Tax Losses

November 7, 2020

Emma Zajac

2020-2021, Carried Back, Claim, Compny, COVID, COVID-19, Federal Budget, Income, Loss, Offset Tax, Paid, Refund, Tax, Tax Loss, Tax Refund

If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits. In the 2020-21 Federal Budget, the Government announced that businesses with turnover under $5bn* will be able to offset any losses made between 2019-20 and 2021-22 against previously taxed profits between 2018-19 and…

Jeremy Hirschhorn of ATO Announced $120m clawback of jobkeeper

ATO Claws Back $120m in JobKeeper with New Complaince Areas in Focus

October 28, 2020

Emma Zajac

ATO, business, Claim, COVID, COVID-19, COVID19, Jobkeeper, Jobkeeper 2.0, JobKeeper Payment, Payment, wages

About $120 million in JobKeeper payments have been recovered by the ATO due to businesses making deliberate or reckless mistakes, as fresh guidance on its JobKeeper extension compliance focus lands. Fronting a Senate Estimates hearing on Tuesday, ATO second commissioner Jeremy Hirschhorn said $200 million in payments had been stopped permanently, with another $100 million…

Tax Time 2020 | ATO Homes in on Rental Deduction Claims

June 29, 2020

Emma Zajac

2020, ATO, Bushfires, Claim, Coronavirus, COVID-19, COVID19, Investment Property, Natural Disaster, property, Rent, Rental Claim, Rental Deduction, Tax, Tax Time

Rental deduction hotspots for this tax time have now been identified by the ATO as it anticipates a change in claims because of COVID-19 and recent natural disasters. Rental deduction claims continue to be a focus point for the ATO leading into tax time 2020, with the agency doubling its in-depth audits last year on the back…

News | ATO Sounds Audit Warning as they Clamp Down on Dodgy Claims

October 2, 2019

Emma Zajac

ATO, Audit, Claim, Tax

The Tax Office says it will be scrutinising every tax return lodged this year as it continues its crackdown on illegitimate claims. ATO assistant commissioner Karen Foat said the Tax Office contacts around 2 million taxpayers each year to clarify information on their tax return, but said there was nothing to fear if they…

Middle Aged Woman Reading Letter concerned

ATO’s ominous “data matching” letters, what to do if you get one!

August 15, 2019

Emma Zajac

ATO, Claim, Lodgement, Tax, Taxation

Australian taxpayers unlucky enough to receive one of the ATO’s ominous “data matching” letters this year are being urged to act quickly or face being thousands of dollars worse off. The tax man uses sophisticated technology to sift through mountains of data from third-party institutions such as banks to sniff out whether any information, such…

Tax Time 2021: Work From Home Expenses Under Scrutiny

ATO Signals Crackdown on 4 Ineligible Work-From-Home Claims

Refunds for Tax Losses

ATO Claws Back $120m in JobKeeper with New Complaince Areas in Focus

Tax Time 2020 | ATO Homes in on Rental Deduction Claims

News | ATO Sounds Audit Warning as they Clamp Down on Dodgy Claims

ATO’s ominous “data matching” letters, what to do if you get one!

Contact Us

In Person

Address

Links

Social Media