Tax time for individuals - key focus areas for the ATO in 2024

Ursula Lepporoli, a KPMG Partner and expert in Global Mobility Services, teams up with Rob Thomson, Assistant Commissioner at the ATO. They dive into Australia's Stage 3 tax changes, highlighting how these will impact individual taxpayers. The conversation covers essential deductions like work-related expenses and rental property claims, emphasizing the importance of accurate record-keeping. They also introduce the My Deductions app for effective tracking. Finally, valuable tips on optimal lodging times and ensuring tax return accuracy are shared.