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Everything you need to know before lodging your tax return for the financial year 2020-21

Everything you need to know before lodging your tax return for the financial year 2020-21 Source: Getty Images/Grace Cary/Nayan Patel

With the increase in work-from-home and COVID payments during the last financial year, the federal government has made changes to 2020-21 tax returns. Melbourne-based accountant Nayan Patel talks about expenses that can be deducted from taxes and things to keep in mind before applying under the 80 cents per hour scheme.

Disclaimer: The information contained in this segment is general and is not specific advice. If you would like accurate information relevant to your situation, you should consult an accountant or tax agent.

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