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A 'standard' deduction? No such thing, ATO warns ahead of tax time

The most common myth that leads to errors being made at tax time is that people think they are entitled to automatic or standard tax deductions, according to the tax office.

A 'standard' deduction? No such thing, ATO warns ahead of tax time
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Assistant commissioner Kath Anderson spoke to Fairfax Media in the lead-up to the end of the financial year about the misconceptions and mistakes the Australian Taxation Office is trying to bust to stop taxpayers overclaiming.

Read the full article at the Sydney Morning Herald.

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