Newcastle Accountants | Maitland Accountants | Bottrell Offices located in Newcastle, Maitland. Your local Accountants, Tax Agents & Advisors in Newcastle & Maitland.

ATO Claims

ATO Claims

Claims of $300 or less

ATO Claims

Tax payers do not need written evidence but the ATO may ask how the claim was worked out and explain why the claim is reasonable, based on the requirements of the tax payer’s occupation. People can make reasonable estimates.

 

Specific exclusions from record-keeping or substantiation requirements are available for certain work expenses. These include:

 

  • total work-related expense claims of $300 or less
  • laundry ($150 or less)
  • travel expenses that are covered by a travel or living away from home allowance and are within the reasonable allowance amounts published by the ATO. However, people may still be required to show the basis for determining the amount of their claim, that the expense was actually incurred, and that it was for work-related purposes.
  • award transport payments where the claim is limited to the amount payable under an award as at 29 October 1986. If your client has a claim for any additional kilometres not covered by the award transport payment, car expenses can be claimed but only using either the logbook method (will need written evidence) or the cents per kilometre method.

· small expenses ($10 each or less and not more than $200 in total).

 

Interested in joining our team? Why not apply today? 

About Our  Traineeships:-

Join the Market Leader in 2016 – Accounting Traineeships

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Apply now to Tara Skippen on tara@bottrellaccounting.com.au – send resume & cover letter

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The Bottrell group incorporates Bottrell Business Consultants, Bottrell Accounting & Taxation, Maitland Accounting & Taxation, East Maitland Accounting Services and Mobile Bookkeeping & Recruitment.

Our group of businesses & links include the following companies (& our websites);-

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