Business

Nassim Khadem

Deputy Editor, BusinessDay. Reporting on tax and regulation.

Australians claim about $23 billion in tax deductions for work-related expenses each year.

Tax time: top work-related expenses ATO's eyeing

Higher-than-expected tax deductions relating to cars, travel, clothing, internet and mobile phones, and self-education expenses are among the top claims the tax man will be keeping a close eye on this tax time.

The Turnbull government is considering a bounty-style reward system for whistleblowers.

Australia not yet ready for whistleblower bounties: ASIC

Australia needs to introduce stronger penalties for corporate crime and effective compensation and protections for whistleblowers, before it goes down the path US-style bounties, the Australian Securities and Investments Commission's John Price says.