The ATO's Crackdown

Welcome to Episode 118 of The Numbers Game. In this episode, we delve into the areas that the ATO is cracking down on for the new financial year. From rental property owners, revised rules for home office expense claims, to the heightened checks on personal individual tax returns, we cover it all.On this episode, we discuss:ATO's crackdown on rental property owners due to incorrect reportingNew rules and risks in claiming home office hoursChanges to tax returns, including study expenses and motor vehicle claimsExpectation of lower tax refunds due to removal of low middle income tax offsetATO's data matching efforts for work-related expensesImportance of accurate tax adviceCheck out the free resources from Inovayt here.Send us an email: [email protected] Numbers Game is brought to you by Future Advisory & Inovayt.Hosts:Nick ReillyJason RobinsonMartin VidakovicThis podcast is produced by VIDPOD. Check out our new website thenumbersgamepodcast.com.au. Browse the full show catalogue, jump straight to specific moments on the topics you love, or leave us a voice note. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.