An Aussie tradie has been knocked back after trying to claim a tax deduction for his underwear. The Australian Taxation Office (ATO) revealed the wild claim and reminded people deductions needed to ...

The Australian Taxation Office (ATO) is warning Aussies not to try and make a sneaky claim for their makeup on their tax return. It's one of the most common deductions that Aussies mistakenly think ...

The ATO's new standard work deduction is capped at what you earn from work. Why students, sole traders and non-residents may get less or nothing.

From taking and making work-related calls to reading emails and messaging colleagues, mobile phones are a routine part of the workday for many of us. Which might have you wondering whether you can ...

Yachts, island holidays, gaming consoles and even swimwear for a truck driver looking to cool off have featured among a collection of wild expense claims Australians have tried to slip past the tax ...

The tax office is warning Australians to stop claiming private expenses on their tax returns, with some attempting to claim baby expenses, personal gifts and meal deliveries as work-related. More than ...

Air fryers, gaming consoles, and a cheeky set of swimwear. No, it’s not a Christmas shopping list. Instead, those are just a few of the kooky items that taxpayers claimed as business expenses in the ...

The Australian Tax Office (ATO) has recently issued new tax breaks for electric vehicle owners who use their battery-powered cars for work. The tax subsidy – dubbed the 'New EV home charging rate' – ...

Aussies struggling with soaring cost of living have been warned it’s no excuse to do this on their tax return, with the ATO watching closely. Australian Taxation Office assistant commissioner Tim Loh ...

On average, Australians pocket $2500 in tax refunds, and there are ways to legally squeeze out more cash by focusing closely on work-related expenses, business spending, donations and investment costs ...