ATO hit list 2025 โ Key Areas Under Review
.
๐น Work-Related Deductions โ Claims for working from home, mobile phone/internet, motor vehicle use, and items under $300 are under close watch. Make sure you have proper records to support your claims.
๐น Property Claims โ Rental and holiday home deductions must be accurate and only claimed for eligible periods. Joint ownership must be split correctly.
๐น Sharing Economy Income โ Income from platforms like Uber, Airtasker, Airbnb, and Stayz must be declared. The ATO receives data directly from these platforms.
๐น Cryptocurrency โ The ATO is matching data from exchanges to ensure crypto profits (and losses) are reported correctly.
๐น GST & Cash Economy โ High-risk industries like construction, retail and hospitality are being audited for GST fraud and undeclared income.
โ Tip: Keep clear records and ensure your claims are legitimate. If you need help navigating tax time, our team is here to ensure your return is compliant and maximised.
ย
ย