Outrageous work-related and rental property claims are among the things the Tax Office will be on the hunt at the end of this financial year.
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If, like a company director who was nabbed by the Tax Office, you’re thinking about claiming your $7000 coffee machine or treadmill as a work-from-home expense in your tax return, think again.
Ditto for claiming expenses related to the rental of a second property if you’ve made no attempt to rent the property out.
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Original URL: https://www.afr.com/wealth/personal-finance/5-red-flags-the-ato-is-looking-for-in-your-tax-return-20250512-p5lyem
