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Air fryers and swimwear don't fly: ATO highlights outlandish tax claims

Summary by Dynamic Business
Think your air fryer is tax deductible? Think again As tax time rolls around, the ATO is reminding Australians, especially small business owners, that not everything you buy, wear or cook in for work counts as a valid deduction. From gaming consoles to luxury fashion, some taxpayers have pushed the limits of what they thought they could claim, and the ATO is calling it out. Whether you’re a sole trader, side hustler or SME founder, here’s what n…
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Dynamic Business broke the news in on Monday, May 19, 2025.
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