When you know the superannuation contribution limits – and the different ways to add money to your super – you can boost your annual tax refund and save painlessly for your retirement. A healthy Superannuation fund is an important part of planning for your retirement. Putting extra money into your superannuation is a great investment in your future. Once […]
Tax and Your Budget
Tax and Your Budget: Managing Debts | Tax Saving Tips | Budgeting and Saving | Personal Finances | Rental Income
Can I Claim My Computer as a Tax Deduction?
If you claim a personal computer as a tax deduction it can add a good few dollars to your tax refund. However, you must genuinely use your computer for work, for all or part of the time. A good many people work after hours at home or spend a portion of their week working remotely. […]
4 Common Tax Return Mistakes2014
The most common tax return mistakes are easily detected by the ATO. Every year they work harder to spot “problems” in your tax return. You can avoid that trouble… Enhancements in technology and the use of data means we are able to take a much broader approach than previous years; and identify and investigate claims that differ […]
Claim personal grooming expenses as tax deductions
If your job requires you to buy make up or other personal grooming expenses, you may be able to claim your money back at tax time. However, the ATO is strict when it comes to claims for personal grooming expenses. And generally, expenditure on cosmetics such as make up, grooming and personal care is deemed […]
Zone Tax Offset: Do you live in a remote area?
What is a zone tax offset? The zone tax offset is a tax concession offset offered by the Australian Tax Office for people who live in remote areas of Australia. This offset is to assist with the higher cost of living, amenities and other environmental factors associated with remote living. The zone tax offset provides […]
Overseas Forces Tax Offset: Are you claiming yours?
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 […]
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 […]
HECS-HELP Benefit
The HECS-Help benefit was created to provide an incentive for graduates in particular fields to pursue industry relevant roles and/or work in specified locations. Taxpayers who meet the relevant eligibility criteria can apply to the Australian Tax Office for the HECS-HELP benefit and if approved, the ATO will pay a “benefit amount” up to approximately […]
Airbnb Tax Information: Tax tips for Airbnb hosts
Airbnb is one of the most popular ways of making an income on the side. But what Airbnb tax implications should you look out for? 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 […]
“Instant Tax Refunds” – Read This Before You Sign
At tax time you often see ads for a “same day tax refund” or “instant tax refund”. That might sound like a good idea, to get your tax refund today, instead of waiting. But the truth is, a “same day tax refund” is not really what the name suggests. Instant Tax Refunds are Usually a […]
Tax Tips Newsletter June 2015
It’s just one week until tax season 2015 and our office is in full swing making final preparations! We’d like to share a couple of new articles from the Etax Blog with you… Check out Part 1 of our 10 Easy Ways You Can Pay Less Tax Work-related mobile phone costs are often overlooked at […]
Tax Tip: How To Claim Work-Related Phone Calls On Your Tax Return
One question we’re often asked at tax time is “can I claim work-related calls made on my personal mobile phone, as a tax deduction?” The answer is “yes!” However, it’s important to do it the right way so you don’t get in trouble with the ATO down the track. This post explains how you can […]
Tax Tips Newsletter: December 2014
Welcome to the final Tax Tips newsletter for 2014! As we wind down from another big tax season at Etax.com.au, our focus has already shifted to planning for next year. But first, there’s the little matter of announcing winners in our huge cash prize competitions. This year we gave away $12,500 in cash prizes to […]
Tax Tips Newsletter: October 2014
Hi, Welcome to the October issue of the Tax Tips newsletter. Are you following us on Facebook? We share tax-saving tips and advice on the Etax Facebook page and this year one of our Facebook fans will Win $2000 Cash. You have two weeks left to get your name in the draw! Entry is free and takes about 30 […]
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 […]
