A question we often hear from people who have worked or are working overseas in the Australian Defence Force is: Am I eligible to receive an overseas forces tax offset when lodging my individual tax return? The answer is YES as long as you meet certain criteria. How can I claim the overseas […]
Tax Deductions
Tax Advice: 2019 Tax Return | Increase Your Tax Refund | Superannuation | Tax Deductions | Medicare and Health Insurance
Simple Ways to Improve Your Tax Refund
Here’s the most common question people ask us in July every year about how to improve your tax refund; “What can I do to get a bigger refund or pay less tax?” Australians are always looking for ways to improve their refund. That’s why we’ve decided to answer this common question with four easy ways […]
Tax Deductions for Aged Care Workers
Do you work in the aged care industry? Do you want to know what aged care worker tax deductions you can claim? From time to time you probably pay for work-related purchases “out of pocket”. Anytime you pay for work-related item, you need to keep careful track so you can re-claim some of that money […]
Tax Tips and Tax Deductions for Freelancers
Are you giving freelance work a go? Your freelancer tax deductions and tax tips are right here! Whether your video skills are in high demand, your Airtasker gigs have amped up or you are totally nailing it in the cupcake game, this tax deductions for freelancers blog will be a massive help to you at […]
Airbnb Tax Information: Tax tips for Airbnb hosts
How does Airbnb affect your tax return? Airbnb offers a great opportunity to rent out that spare room without the long term commitment. Or, it’s a handy way to lease a holiday home that would be quiet for much of the year. Both of these things are great – but some Airbnb hosts may not […]
How To Claim Work-Related Calls and Phone Expenses On Your Tax Return
Do you use your own mobile phone for work-related tasks? If you do, you may be able to claim a portion of your mobile phone expenses on your tax return. Common work-related phone expenses include: Phone calls Video calls Text messages Emails Logging in to systems Software testing Online research Tracking So it’s not just […]
Manage your receipts and boost your tax refund!
When it comes to tax time, do you ever find yourself searching all over the place for deduction receipts from months earlier? You are not alone! A recent study conducted by the Commonwealth Bank found that lost receipts are costing one in two Australians an average $1000 in tax rebates every year. Can you afford […]
Claim Your Dental Expenses as a Tax Deduction
“Can my dental expenses be deducted on my tax return?” Let’s discuss how you can maximise your tax refund by legally claiming your dental treatment costs as a deductible expense. Update: 2013 Budget Changes May Affect Your Ability to Claim: The net medical expenses tax offset was slowly phased out starting in July 2013. Only […]
Work-Related Car Expenses:
Can I Claim My Car Expenses Without a Logbook?
Important Note: This method of claiming car costs as a tax deduction was discontinued by the ATO as of the financial year 2015-16. Late tax returns lodged for 2015 and earlier tax years are still able to use this method. Have you used your car for work this year, but forgot car expenses to keep […]
27 Valuable Rental Property Tax Deductions
By including rental property expenses on your tax return you access an incredible range of possible tax deductions that boost your tax refund and leave more rental income in your pocket. It’s important to stay on top of your rental property tax deductions and claim them correctly to maximise your tax refund (without getting into […]
Work Uniform Expenses: The tax deductions you can and can’t claim
You can save big just by claiming your work uniform expenses on your tax return! There are many types of jobs that require you to wear a uniform and/or protective clothing. Unfortunately many organisations don’t provide these, or at best offer them at a discounted price to their employees. But for you the costs of […]
