Your HELP debt often seems like a heavy weight around your neck, especially when your uni days seem like a lifetime ago and you’re keen to take your next step in life. You keep throwing money at it but unless you’re an avid spreadsheet Ninja, like Mandy in our accounts department, you often have no […]
Tax and Your Budget
Tax and Your Budget: Managing Debts | Tax Saving Tips | Budgeting and Saving | Personal Finances | Rental Income
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 […]
Overseas Forces Tax Exemptions – Do They Apply To Me?
Are you a member of the Australian Defence Force who served overseas during the past tax year? If your deployment meets certain criteria then you may qualify for a tax emption on the income you earned while deployed. In this post we’ll discuss the two overseas forces tax exemptions available to overseas forces and how to […]
HELP Repayment Scheme to Stay… For Now
Please Note: This Content is Archived The Federal Government has legislated this change and ended the HELP repayment scheme. For a full overview on all things HELP related, we’d suggest viewing our article on how to repay your help debt. Back in August 2013 the Federal Government announced they would end the discount for early […]
Superannuation Co-Contribution: Get More Money for Your Super
Ever wonder how you can better prepare yourself for retirement? Low or middle-income earners can give your super a nice boost – with very little sacrifice! Read on to find out how you can take advantage of the Federal Government’s superannuation co-contribution scheme. What is it the government super co-contribution scheme? The super co-contribution scheme is […]
Generation Y could be losing thousands in tax refunds!
A new Bankwest survey found that many of Australia’s tech-savvy Gen Ys could be missing out on higher tax refunds from the ATO. The report found that 53% of Gen Ys submit their own return in the hope of saving themselves the Accountant fees. The Bankwest report says that while the younger generation feel more […]
