Tax time and what the tax office is watching

It is that time of year again to get your tax affairs in order. So what is the Australian Taxation Office targeting this year?

The Australian Taxation Office in Sydney Source: AAP

Are the suits you wear to work every day tax-deductible?

This year, the Australian Taxation Office ((ATO)) will be closely monitoring work-related clothing and laundry expenses.

That is because there has been a 20 per cent rise in the number of claims over the past five years, climbing to a value of $1.8 billion.

ATO assistant commissioner Kath Anderson says 6.3 million people claim what they wear to work is tax-deductible.