The Australian Tax Office says the biggest problem is people falsely claiming work-related and rental property expenses. With planned increase in the number of audits Tax Office warns Australians to take care with their tax return claims. Here are some things to take care of if you are a uber driver or have a home office.
Tax connect accountant and registered tax agent Amit Bhuta talks about :
- Students driving as uber on ABN
Number of hours registered as an uber driver
- Home Office
Home running expenses (includes gas & electricity, office furniture etc)
Home Occupancy Expenses (includes interest, rates, insurance etc)
- Self-Education Expenses
Can claim only when it relates to your current employment
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