This year, before you race off to the shops to spend your tax refund, consider how your tax refund could have the biggest impact on your life and your finances. At Etax we hear from lots of Australians (and tax accountants) about the ways they plan to spend their tax refund. Let’s look at some […]
Tax Advice
Tax Advice: 2021 Tax Return | Increase Your Tax Refund | Superannuation | Tax Deductions | Medicare and Health Insurance
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 can be 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 is […]
Work related travel expenses – what can you claim?
Let’s explain how to turn work-related travel expenses into dollars in your pocket at tax time. What exactly is a work-related travel expense? If you travel for work, any purchases you make related to that travel, can likely be claimed as a travel expense on your tax return. As with most work-related expenses, travel expenses […]
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 […]
Coronavirus Stimulus Information for Small Businesses: Everything small businesses need to know
The devastating coronavirus pandemic has hit small businesses hard. As a result, a number of sole traders are without work and many small businesses closed their doors and let go staff. Consequently, the Australian Government recently issued two rounds of stimulus packages to help business owners. The first stimulus package on 12 March included a […]
Coronavirus Stimulus for Individuals: Here’s everything you need to know.
In the wake of the COVID-19 pandemic many Australians are currently facing severe financial hardship due to loss of employment or income. Therefore, the Australian Government has responded with two rounds of coronavirus stimulus for individuals. The first announcement on 12 March included a $17.6 billion stimulus package for individuals and businesses. The second announcement, […]
Work From Home Tax Deductions – How to Get it Right
Covid-19 meant so many people made the switch to work from home. Many of our own staff included! In fact as I write this, I’m in my new make-shift home office. Here’s the good news: Work from home tax deductions could mean a bigger tax refund this year! If work from home is your “new […]
Working from home? How to stay productive – and happy!
Working from home during the uncertainty around COVID-19 may not be as easy as you might think Modern tech and cloud-based software simplified the recent need for more workplaces to adopt a temporary work at home policy, due to COVID 19. But you need more than just the right tech and internet speed to remain […]
What are franked dividends and how do franking credits work?
One out of every three Australians owns directly held shares. It’s really quite common, and many of them receive dividends on those shares. But when it comes to how dividends are taxed, it can suddenly seem very confusing. Let’s explore what franking credits and fully franked dividends are all about Think back to the 2019 […]
