03/08/2024
When claiming deductions, you need solid proof should the ATO request it:
• Bank Statements Aren’t Enough: Always keep detailed receipts;
• Claims Under $300: No receipts needed, but you must show how you spent
the money; and
• Specific Deductions: Some, like laundry, may not need receipts, but other
records might be necessary (e.g., a diary to track work vs. private use).
Keep your records straight to maximize your tax deductions! 📝💼
