For the 2011 tax year the Australian Tax Office (ATO) will be focusing its compliance activities for individuals on four areas;

• Work-related expense claims: Occupations the ATO will be focusing on will be employee school teachers, employee engineers and mechanics.
• Purchase-related costs for rental properties: The ATO will be focusing on costs associated with the purchase of rental properties.
• Personal Superannuation Contribution Claims:
• Contribution caps and excess contributions: The ATO will be monitoring compliance with the contribution caps.

High net worth individuals, investors (relating to investment expenses) and the cash economy will also be targeted.

To avoid being caught in the ATO’s radar, specialist advice on your personal circumstances should be sought.