“Standard” deductions in the ATO’s sights this July, as SME owners urged to substantiate claims no matter how small

SmartCompany, June 12, 2018

Businesses and individuals have been warned by the tax office’s assistant commissioner Kath Anderson against claiming “standard” deductions come July 1, with experts saying justification is necessary no matter how small the deduction. READ MORE: https://www.smartcompany.com.au/finance/tax/eofy-standard-deductions-ato-sights-this-july/?utm_campaign=SC&utm_medium=email&utm_source=newsletter