The ATO will more closely examine taxpayers claiming work-related clothing and laundry expenses this tax time. The ATO state that with clothing claims up nearly 20 per cent over the last five years, it believes a lot of taxpayers are either making mistakes or deliberately over-claiming. According to the ATO, common mistakes include people […]
Following recent decisions of the Fair Work Commission, most modern awards now allow employees to cash out annual leave in certain circumstances : Both the employer and employee agree in writing to the cashing out The agreement to cash out annual leave must not result in the employee’s remaining paid annual leave balance being less […]