Proof of purchase is essential for successful refund claims by the ATO

The Australian Tax Office emphasizes the importance of retaining proof of purchase for work-related expenses to ensure successful refund claims as the financial year end approaches. The ATO clarifies that having records of work-related expenses is a necessity, highlighting that a bank or credit card statement alone is insufficient evidence and a receipt showing cost, supplier, date, and goods purchased is usually required. Additional records, like car journey logs or work-from-home hours, might be necessary depending on the expense type

The ATO provides a claims guide for security workers on its website and cautions taxpayers to adhere to these guidelines to avoid claim rejections. ```
https://australiancybersecuritymagazine.com.au/ato-says-proof-of-purchase-key-to-successful-refund-claims/?utm_source=rss&utm_medium=rss&utm_campaign=ato-says-proof-of-purchase-key-to-successful-refund-claims&utm_source=rss&utm_medium=rss&utm_campaign=ato-says-proof-of-purchase-key-to-successful-refund-claims