It’s no secret that the global COVID-19 pandemic changed many aspects of our lives and now that COVID appears to be here to stay, it’s time to learn what it means for your tax return. If you’re like the millions of other Australians who’ve had their work arrangements change, it’s important you understand how your […]
2025 Tax Return
Tax Advice: 2025 Tax Return | Increase Your Tax Refund | Tax Deductions | Medicare and Health Insurance | Tax Rebates
How to Claim Personal Super Contributions Tax
Invest in your future by adding money to your superannuation AND score some savings at tax time. Sounds great, right? Let’s cover how to claim your personal super contribution tax on your next return. Most Australians know that super is money for retirement. What’s less well known is: What is Super Contributions Tax? A personal […]
Your Tax File Number – Everything you need to know
What is a tax file number? A Tax File Number – sometimes shortened to TFN – is a unique ID number that you get from the government. It’s used for your tax return, benefit payments and superannuation services. You also need it to apply for an Australian Business Number and to complete a bank account […]
The Medicare Levy Surcharge
What is the Medicare Levy Surcharge? The Medicare Levy Surcharge is a charge some medium and high income earners pay in addition to the Medicare Levy. Like the Medicare Levy, the surcharge is to help pay for the public health system and to encourage those people who can afford it to take out private health […]
Tax Brackets in Australia
What are the tax brackets in Australia? Tax brackets in Australia are set by the Federal Government and the Australian Tax Office (ATO). They determine the rate of tax that each Australian taxpayer pays based on their annual income. Each taxpayer falls into a tax bracket in Australia. The specific bracket depends on their taxable […]
Capital gains tax: Does it apply to you?
What is capital gains tax? Capital gains tax (CGT) is the tax you pay on profits you make from the sale of a capital asset such as real estate or shares. A capital gain is when you sell a capital asset for more than you originally paid for it. You are required to pay tax on […]
Tax Deductions for Business Professionals & Office workers
Office worker and business professional tax deductions is a pretty broad topic. The term business professional covers a wide range of roles, including managers, designers, supervisors, IT staff, marketing team members and pretty much anyone else who works in an office! With so many emails to read, calls to make and deadlines to meet, it’s […]
Your Personal Guide to Trainee and Apprentice Tax Deductions!
Whether you’re an apprentice or trainee carpenter, electrician, mechanic, plumber, bricklayer or painter (just to name a few), we have all the apprentice tax deductions covered for you in this guide! Starting out in a trade or traineeship involves long hours spent learning the ropes in your chosen field. It’s a common misconception that apprentices […]
How to claim tax deductible donations
When you give money to a charity, your gift is often a tax deductible donation Like many Australians, you might have a charity or cause that’s close to your heart. Tax deductible donations are a great way to give your tax refund a boost, while contributing to a worthy cause you care about. It really […]
Tax Information for the Coronavirus Pandemic
Countless Australians have been affected by the COVID-19 pandemic. In response, the Australian Government has implemented a series of assistance measures for the purpose of helping those experiencing financial difficulty. Please read our tax guide for the coronavirus pandemic below for assistance. And if you work from home now, don’t forget you can also claim […]
What is the JobKeeper payment? Are you eligible?
As the COVID-19 pandemic worsens, the government has announced the JobKeeper payment aimed to ensuring as many Australians as possible stay employed. Not to be confused with the JobSeeker payment for those people out of work, the JobKeeper payment is a payment for employers to help keep employees on their books. How does the JobKeeper […]
How to survive the lock-down. Your guide to turning it into a positive
With all the social distancing and lock-down measures in place, how do you keep your mind occupied and engaged? For some people, being at home is bliss. For others, it’s hard to stay focused on anything. But time at home can be a valuable chance to reflect, connect and plan for the future. There are […]
Did COVID-19 turn you into work at home parents and teachers?
Temporary work at home parents-come-teachers. A few tips for navigating this new landscape. As 2020 dawned, no one in their wildest dreams expected the unprecedented global shift that COVID-19 has brought about. With many of us still trying to grapple with having our lives literally locked down, a significant number of us took our jobs […]
Lost your job due to Covid-19? What now?
What do you do if you’ve lost your job? Just a few months ago very few people had ever heard of Coronavirus but now that virus has literally and completely changed the way we live. With so many businesses shut down or reducing hours, thousands of people now face unemployment, or are struggling to make […]
How to apply for Jobseeker Payments (or other coronavirus stimulus payments)
Loosing your job is a stressful enough event on it’s own, take into account the global COVID-19 pandemic and the last thing you will want to have to deal with is the process of applying for a jobseeker payment at Centrelink. It is not easy to navigate the myGov or the Centrelink website. To make […]