Claiming Home Office Expenses - Three Areas of Concern

Top common mistakes, errors and questionable claims in claiming home office expenses deductions

Last year, 6.7 million taxpayers claimed a record $7.9 billion in deductions for ‘other work-related expenses’ which includes expenses related to working from home. This worries the Commissioner…

Technology-driven changes to the employment market are seeing record numbers of Australians claiming deductions for expenses incurred while working from home. But a high level of mistakes, errors and questionable claims has prompted the Australian Taxation Office (ATO) to increase attention, scrutiny and education for home office expenses this tax time.Removing the ability to get excess imputation credits refunded for many taxpayers;

What are these mistakes, errors and questionable claims due to? In this session we will consider the Commissioner three main concerns: Removing negative gearing deductions that can be applied against PAYGW income on all assets except new residential property;

  • Telephone and internet costs
  • Apportioning of expenses; and
  • Occupancy cost claims.

 

Presented by: Ken Mansell

           

            
Ken currently works in a part-time capacity for both the Australian and Solomon Island government on tax policy and provides tax and super education for a series of organisations. He has previously worked on the secretariat of the Henry Review and in the office of the Assistant Treasurer as a tax advisor. Ken has also worked in the tax division for both KPMG and Deloitte, as a tax trainer and tax specialist for the Institute of Chartered Accountants in Australia and as the head of taxation for the Seven Network Limited group and Raytheon Australia. Further, he has worked as a legal researcher in both commercial and academic role. 

CPD hours: 1.0
Non-Member Cost: $119
Member Cost: $99

Testimonial  

"Ken is a great presenter - he explains all topics brilliantly and has very useful examples"
Lisa Callender

"I love Ken's use of actual case studies. It is the best, most understandable presentation I have seen."
Peter Hore, Pth Taxation & Accounting Services Pty Ltd

 
When
10/09/2019 11:00 AM - 10/09/2019 12:00 PM
Where
Online, Australia

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