It’s almost tax time which means millions of Australians will be lodging their 2021/2022 tax returns soon! Each year, the ATO has certain areas that they point an increased focus on. In this video, I go through what is on the ATO’s hit list for 2022 tax returns. I talk about the focus areas the ATO will have, and what you can do to minimise your risk of being targeted.
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📖 Chapters
0:00 Intro
0:26 Individual Tax Returns 2022
1:02 ATO Focus Areas for 2022
1:35 Crypto
3:37 Work Related Expenses
5:41 Record Keeping
6:51 Rental Properties
8:51 Summary
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Ethan 'Rooshock' (Rucioch) is an Australian business owner in his mid 20's. He is the owner and director of Rooshock Accounting, an accounting firm. He is also the creator of an NFT project, Rooshocks. In his spare time, he enjoys travelling as well as watching countless hours of sport. On this channel you will find a range of different content, including personal finance, business advice, tax tips, crypto tax tips, NFT discussions and even some social media marketing content.
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Disclaimer
The information in this video and on this YouTube channel is for entertainment and general information purposes only. It should not be taken as constituting professional advice. You should not rely on it as financial advice. There are always risks in any financial decision and all decisions should be made on an individual basis. You should conduct your own research and seek independent professional advice where needed. Some of the links in this video or video description may be affiliate links. Ethan Rucioch, Rooshock Enterprises Pty Ltd, Rooshocks NFT Pty Ltd or any other related party may receive a commission through these.
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#ato #taxtime2022 #taxreturnaustralia
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