Rental property owners, gig economy workers and people trying to claim too much in work-from-home expenses will come under the Australian Taxation Office’s spotlight this year, a tax expert has revealed.
Those who hold cryptocurrencies, such as bitcoin, as an investment are likely to receive a “please explain” from the Australian Taxation Office if they fail to declare when they are sold at a profit.
The tax deductions and dodgy records to be closely watched by the Australian Taxation Office this year have been unveiled.
With CBA now offering trading of cryptocurrency, tax experts are urging Australians to learn how this will impact their tax return.
  • 1

comments-rhsLatest Comments

  • "Get rid of all kinds of Herpes and virus infections, Diabetes, Hepatitis A B C, Menopause and HIV with Natural Roots and Herbs, i was once infected with HERPES and after using Dr UMA Herbal Medicine..."

    By: magriet dennis at Apr 24, 2024 5:40AM

    Post: The Full Cost of Motoring in Australia

  • "Get rid of all kinds of Herpes and virus infections, Diabetes, Hepatitis A B C, Menopause and HIV with Natural Roots and Herbs, i was once infected with HERPES and after using Dr UMA Herbal Medicine..."

    By: magriet dennis at Apr 24, 2024 4:49AM

    Post: Unusual work from home expense you can claim a tax deduction for

  • "Please, permit me to share here, it might help someone.I f you have tried to recover your funds using other recovery support and were not successful. I will advise you to contact..."

    By: Howie Koegel at Apr 23, 2024 10:37PM

    Post: 8 TAX CHANGES TAKING EFFECT FROM 1 JULY 2021

  • "Amazing Love Spell To Get Back With your Partner and Fix Your Broken Relationship My wife broke up with me 3 months ago, and forced me to sign the divorce papers, and I was completely heartbroken..."

    By: EVANS at Apr 23, 2024 1:59PM

    Post: Unusual work from home expense you can claim a tax deduction for

  • "Amazing Love Spell To Get Back With your Partner and Fix Your Broken Relationship My wife broke up with me 3 months ago, and forced me to sign the divorce papers, and I was completely heartbroken..."

    By: EVANS at Apr 23, 2024 1:59PM

    Post: Unusual work from home expense you can claim a tax deduction for