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| Name | The ATO has changed how you can claim tax deductions | The Business | ABC News |
| Video Uploader | Video From ABC News (Australia) |
| Upload Date | This Video Uploaded At 12-06-2023 08:15:00 |
| Video Discription | It's that time of year again when millions of Australians turn their minds to doing their tax returns. General work-related expenses are under watch. Each year, almost 9 million Australians claim about $22 billion dollars' worth of work-related expenses. Many of these claims relate to working from home. Almost 5 million Australians claimed work from home expenses last financial year, but the ATO has changed the methods you can use to claim tax deductions this financial year. Rental deductions on property claimed by landlords and income made by cryptocurrency investors are also under the spotlight. ABC business reporter Nassim Khadem talks to ATO Assistant Commissioner Tim Loh to find out more about the agency's focus areas, as well as top tips for lodging your tax return. Subscribe: http://ab.co/1svxLVE Read more here: https://shorturl.at/fhtR9 ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia GtG9sHdG9gM |
| Category | News & Politics |
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