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If we wanted to, we could stop filling shoeboxes with receipts. Here's how to simplify work-related tax deductions

Written by John Minas, Senior Lecturer in Taxation, University of Tasmania

Le Do/Shutterstock

Ever wondered why you’re still collecting receipts on the off-chance the Tax Office wants to see them?

A decade ago, fired up by what he’d read in the Henry Tax Review, Labor Treasurer Wayne Swan promised to end what he said was the “hassle of shoeboxes full of receipts”.

From 2012 onwards everyone would be...

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What the ‘mother of all deals’ between India and the EU means for global trade
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Back to school: what are the money lessons to teach your kids at every age?
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Traditions of Rural Bali at Villa Sabana
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Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
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Tailored IT Services for Dental Practices
If you run a busy dental practice, the last thing you need to be concerned about is your IT, which is quite a complex and critical aspect of your business…
Conflict in the South China Sea threatens 90% of Australia's fuel imports: study
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Shutterstock Paying for residential aged care accommodation in Australia is complex. Residents can pay a lump sum payment known as a refundable accommodation deposit (RAD), a rental style payment known as…

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Australian retailers are turning to artificial intelligence to simplify and automate returns and exchanges, while strengthening loyalty programs a...

Stop reading from the script: Why authenticity is the customer success secret weapon

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From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

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Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

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US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...

If we wanted to, we could stop filling shoeboxes with receipts. Here's how to simplify work-related tax deductions

Advantages of Cloud Accounting Software for Australian Businesses

What the ‘mother of all deals’ between India and the EU means for global trade

‘Bold’. ‘Elegant’. ‘Introverted’? How words describing wine get lost in translation

Australian inflation jumps, adding to chances of an RBA interest rate hike

A new company tax mix has been proposed. We need to be careful how we assess it

Back to school: what are the money lessons to teach your kids at every age?

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Tailored IT Services for Dental Practices

Conflict in the South China Sea threatens 90% of Australia's fuel imports: study

Would you pass this financial literacy quiz? Many won't – and it's affecting expensive aged care decisions

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Stop reading from the script: Why authenticity is the customer success secret weapon

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security