Cpa Australia Podcast

Navigating work-related expenses can be a challenge. Little wonder the ATO says it’s one of the biggest areas for errors at tax return time. That’s why today’s episode will help you demystify the rules for claiming work-related expenses in 2024. This comprehensive episode covers everything from the importance of diligent record-keeping to the intricacies of claiming home office expenditures, travel and car costs, specialised equipment and educational expenses. But we're not just stopping at the basics – we'll also equip you with expert tips for accurately calculating your expenses and ensuring you have all the requisite documentation should the ATO require further information. Consider this your roadmap to smooth sailing for your tax return expenses. Listen now. Host: Gavan Ord, Business Investment and International Lead, Policy and Advocacy, CPA Australia Guest: Rob Thomson, Assistant Commissioner at the Australian Taxation Office (ATO) The four-part Tax Time 2024 series is a special feature in June on the