ATO targeting false laundry claims
The ATO will target false clothing and laundry work-related expense claims this Tax Time.
In 2018, around six million people claimed work-related clothing and laundry expenses totalling nearly $1.5 billion.
‘Cash in hand’ payments to workers no longer tax deductible
The ATO has reminded employers that any ‘cash in hand’ payments made to workers from 1 July 2019 will not be tax-deductible.
‘Cash in hand’ refers to cash payments to employees that do not comply with pay as you go (‘PAYG’) withholding obligations.
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