The ATO has sent a stern warning to taxpayers

rbaThe Australian Taxation Office has sent a stern warning to Australian taxpayers, announcing they will be looking closely at those who are falsely claiming work-related expenses and incorrect rental property deductions. The Tax Institute’s president Stephen Healey has warned taxpayers to be careful of “pushing the boundaries” when claiming expenses come tax time. “The increasing sophistication of ATO systems where the use of data matching to compare expenses is a significant piece of armoury in their arsenal,’’ he said. “Don’t try to outsmart them because you are attempting to outsmart quite a sophisticated data-matching capability.”