Business
Here Is What the ATO Is Cracking Down on This Tax Season, You’ve Been Warned – Lifehacker Australia
The ATO has shared what it’s going to be looking closely at this year during tax season, so here’s your guide to getting it right.
The end of the financial year is creeping up on us folks, and as we’ve already discussed, tax season is likely to look a little different.
From extended hours working from home to the complexities of crypto investments, there’s a lot to keep in mind this year, and the ATO has been clear a “copy and paste” job of your 2019/20 claim will not cut it.
The latest news in this space is that the ATO has shared an update explaining the red flags they will be looking for in tax returns for 2020/21.
Here…
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