From 1 July 2026, the ATO is introducing a $1,000 standard work-related deduction. If a client’s deductions are $1,000 or less, they can claim it without receipts. If they’re over $1,000, nothing changes. Records still matter. Advice still matters. This change doesn’t make accountants redundant. It exposes where time has been wasted. Chasing receipts for basic deductions…
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- $1,000 standard work-related deduction
From 1 July 2026, the ATO is introducing a $1,000 standard work-related deduction. If a client’s deductions are $1,000 or less, they can claim it Read more
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