Original article by Joanna Mather
The Australian Financial Review – Page: 3 : 19-Jun-17

Richard Highfield, who provides guidance to the Australian Taxation Office on "revenue leakage" issues, suggests that tax deduction rorting could be costing the Federal Government up to $A1.2 billion per annum. He says that deductions on car expenses is the biggest cause of concern for the ATO and Treasury, while ATO commissioner Chris Jordan noted in April 2017 that excessive claims for work expenses is a bigger loss of revenue than tax evasion by multinationals. Taxpayers claimed $A21.8 billion in work-related deductions in 2014-15.

CORPORATES
AUSTRALIAN TAXATION OFFICE, AUSTRALIA. DEPT OF THE TREASURY, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT, AUSTRALIA. HOUSE OF REPRESENTATIVES STANDING COMMITTEE ON ECONOMICS, LIBERAL PARTY OF AUSTRALIA