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Tax time is just around the corner, so now is the time to make sure you’re prepared for 30 June.
Each year, the ATO highlights its areas of focus. Taking a few minutes now to review these can help you avoid issues when lodging your return.
Work-related deductions under scrutiny
This year, the ATO is focusing on work-related deductions and income that’s not declared on tax returns.
If you are claiming work-related expenses, ensure they meet the ATO’s three golden rules:i
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