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  • No more work-related expenses, time for a standard deduction says tax watchdog

No more work-related expenses, time for a standard deduction says tax watchdog

A standard deduction for work-related expenses should be examined with a view to eradicating the need for millions of Australians to lodge tax returns, the nation's tax watchdog has recommended.

by | Apr 4, 2019

Common GST, property errors flagged for tax agents

The Inspector-General of Taxation’s (IGT) review into the Future of the Tax Profession said such a move would make it easier for millions of Australians who claim billions of dollars in work-related expense deductions each year.

Read more at the ABC

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