$135k in overinflated work-related deductions see agent terminated
Yvonne Anderson and Associates Pty Ltd, and its sole director and controlling mind, Yvonne Anderson, began being monitored by the ATO in 2018 after it was concerned that some of her clients had claimed work-related expense deductions which were unusually high.
The ATO’s subsequent audit of 25 income tax returns ultimately reduced the deductions by over $135,000 and resulted in penalties totalling $53,000 being imposed on some clients.
Read more at Accountants Daily.
