Do you claim tax deductions when you don’t have a receipt? Claiming with no receipt is becoming a bit risky, because the ATO is more strict now, but in some cases it is okay! Let’s dig into this and try to avoid ATO troubles. Tax deductions are the main way you can improve your tax […]
Increase Your Tax Refund
Tax Advice: 2019 Tax Return | Increase Your Tax Refund | Superannuation | Tax Deductions | Medicare and Health Insurance
The Top 5 Forgotten Tax Deductions
Now is a great time to discuss tax deductions – especially those deductions often missed by taxpayers like you. We surveyed our senior accountants and asked them “what are the top 5 forgotten deductions on individual tax returns?” – that is, deductions people can claim, but often forget or don’t know about We’ve compiled the […]
Tax Cut 2019 – Will You Get a Bigger Tax Refund?
Tax cuts announced for 2019 mean a lot of Australians get a little boost to their tax refund this year. Like most things at the ATO, it’s complicated. However, the main point is this: You don’t need to do anything.
Can You Still Claim your Handbag or Briefcase as a Tax Deduction?
The short answer is yes you can claim your handbag as a tax deduction. But don’t go shopping just yet! There are some important things to keep in mind. The basic rule for claiming a handbag or briefcase as a tax deduction is that it must be directly connected with producing your income. So what […]
Tax Deductions for Cleaners: Will you clean up at tax time?
Cleaners and cleaning staff can often claim a lot of tax deductions If you’re in the cleaning business and you’re not making the most of these tax deductions for cleaners, then you might lose out on a heap of cash every year. Whatever type of cleaner you are, we understand your job can be tough! […]
Part 1 – 10 Easy Ways to Pay Less Tax in 2019
We asked our top tax accountants for the easiest ways to pay less tax to the ATO and keep more money in your wallet. They had a LOT of answers. So we narrowed it down to their top 10. Here’s part one of ‘How to Pay Less tax’. It could help you save big $$$ in 2019. […]
The key to a better tax refund: Easy record keeping
These simple record keeping tricks can put extra money into your tax refund The ATO’s current crackdown on tax deductions means that good record keeping is more important than ever. The ATO has thousands of staff and their job is to collect taxes and catch people who can’t prove their deduction claims. They are […]
Ironing Out Laundry Expenses:
How To Claim Work Uniform Laundry Costs
Do you wear a uniform to work? If it falls into any of the categories we discussed in our uniform expenses post, you can also make a claim on your tax return for the cost of laundering those uniforms. The way you calculate your laundry expenses will depend on your means of cleaning. We’ve created […]
Tax deductions for office admin staff – How to boost your tax refund
This one is for all the office administrators out there; the unsung heroes of EVERY business. Admins make things happen. You are the organisers, arrangers, schedulers and geniuses who bring order and process together to make everything happen how it should. Suffice it to say, without you, the office melts into chaos. (You’ve seen your […]
How to claim tax deductible donations
When you give money to an official charity, your gift can be a tax deductible donation Tax deductible donations are a great way to give your tax refund a boost while contributing to a worthy cause. Charities rely on the generosity of people’s donations to support them, so they can achieve goals like helping the […]
Filling the pot: Tax deductions for chefs and cooks
Tax deductions for chefs and cooks are numerous – but do you know what you can claim on your tax return? Look no further, we’ve got you covered. Most of us have a love affair with food, so the fabulous people who create the dishes in our favourite cafes and restaurants inevitably become our absolute […]
Claiming Self-Education Expenses as Tax Deductions
Self-education is essential for our minds, our general sense of wellbeing and our future employment prospects After all, if we stop learning, we stagnate. Our minds become dull, for us and everyone around us. Another worrying fact is that these days technology, software and workplace processes change so fast that if you don’t keep up you’ll […]
Claim your Home Office expenses and increase your tax refund
Do you work entirely from a home office or do you need to do overtime from home? Many of us need to open our home laptop to check emails or use our own phone to make a few work calls from time to time. But if taking work home is a regular occurrence for you, […]
How do I do my tax return?
…and other FAQs about tax! When you find yourself stepping into the world of ‘adulting’ it’s never long before you need to ask THAT question: ‘How do I do my tax return?’ More often than not, the jumble of answers you wade through makes you reach for the ‘Too hard” basket and put it off […]
How Can You Get The Best Tax Refund Possible?
Many Australians lose hundreds of dollars each year simply because they forget work-related deductions or receipts for items they can claim back. Do you compare your tax refund to your friends and family and wonder, “How can I get a better tax refund”? Fortunately, there are lots of ways most Australians can improve their tax […]
