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Tax season can be less daunting with a bit of preparation. Here are some tax deductions you might be eligible to claim this year.Everyone looks forward to getting a refund from the Australian Taxation Office (ATO) when they file their tax returns. While large corporations have accounting teams handling their taxes, many individuals and businesses manage this on their own. Understanding the tax deductions, you can claim is essential before you start preparing your tax return for the financial yea …

Key Tax Deductions for Remote WorkersWith the rise of remote work, it’s crucial to understand what tax deductions you can claim and how to accurately calculate them. The Australian Taxation Office (ATO) has updated its guidelines to help both employees and home-based businesses navigate these deductions.Eligible Expenses for Remote WorkYou may be eligible to claim deductions for additional expenses incurred while working from home, such as electricity or gas for lighting, heating, and cooling; c …