Get all your news in one place.
100’s of premium titles.
One app.
Start reading

Get your tax right after COVID-19: ATO

Australians who received government support during the COVID-19 pandemic have been warned to include it as income in their tax returns.

Australian Taxation Office assistant commissioner Tim Loh says it is important for Australians to get their taxes correct the first time.

"Tax time can be a smooth and easy experience if you know what income you must include and what COVID-related expenses you can claim in your tax return," Mr Loh said.

He said among the most common changes for taxpayers include receiving an income support payment and alterations to what can be claimed as a work-related outgoing.

Expenses could include paying for work-related COVID-19 tests or protective workwear such as masks and gloves, and purchasing hand sanitiser for those who continued working through the pandemic.

Taxpayers and their registered tax agents affected by COVID-19 or financial hardship can access support at ato.gov.au/coronavirus

LATEST 24-HOUR COVID-19 DATA:

NSW: 6385 cases, eight deaths, 1307 in hospital with 36 in ICU

Victoria: 9181 cases, 12 deaths, 514 in hospital with 24 in ICU

Tasmania: 776 cases, no deaths, 39 in hospital with none in ICU.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.