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Tax News: Etax Announcements | Income and Economy | The ATO and Government


Etax Fees: How much does a tax return cost at Etax.com.au?

Etax Fees: How much does a tax return cost at Etax.com.au?

Here’s everything you need to know about the low Etax fees and why Etax.com.au is Australia’s favourite online tax agent. Why is there a fee to use the online tax return at Etax? Etax is a registered Australian tax agent that offers you: a fast, simple and easy to use online tax return, PLUS customisation for your […]

Don’t Be Afraid of the ATO at Tax Time

Dont be afraid of the ato

At the National Press Club, ATO commissioner Chris Jordan spoke about a change in tactics at the ATO, with a greater focus on work related deduction claims by individuals, representing $22 billion worth of claims made each year. A substantial portion of those claims are “mistakes” or “fraud” he said, although no evidence for this […]

myGov vs Etax vs tax agent office

Etax User Reviews

“What’s the best way to do my tax return?” Let’s compare myGov, Etax and other tax return options: What’s the best one for you? The ATO advertises a tax “product” called myTax, which is inside the myGov website – and it’s a way to self-prepare your tax return. As a taxpayer it is hard to […]

Being made redundant could re-ignite your career: Redundancy tips from a careers expert

redundancy payout new career change

Being made redundant is often a tough thing to overcome. Yet, an amazing two per cent of Australian workers experience it every year! We spoke to Australian career advice expert Russell Johnson, a career planning veteran with CEO-level experience in Australia and the US, to get a fresh perspective on being made redundant. Russell also […]

2017 Budget for Health Care: Who wins and who loses?

Etax 2017 Budget for Health Care

The 2017 Budget was handed down by Treasurer Scott Morrison on Tuesday 09 May, which included the Government’s $10 billion plan for Health Care funding. Most notably, the National Disability Insurance Scheme is being fully funded by taxpayers through a Medicare levy increase. Here’s our wrap-up on winners and losers in the 2017 federal budget for […]

2017 Budget for Students: Winners and Losers

Etax 2017 Budget for Students

Treasurer Scott Morrison announced the 2017 federal budget on Tuesday night, which included the government’s plans to save $2.8 billion over the next five years by reforming the Higher Education system. Read on for an overview of the changes announced in the 2017 budget for students. How does the 2017 Budget affect students? Higher Education […]

2017 Budget for Housing: Wins and Losses

Etax 2017 Budget for Housing

To tackle housing affordability, particularly for first home buyers, the Government included a range of measures in the 2017 Budget. A new measure focused on housing as well as the property industry in general. One of the biggest changes was the introduction of a new ‘First Home Super Saver Scheme’. This scheme allows individuals to make […]

GST changes may impact your overseas online shopping

Proposed GST changes

The Australian Government is attempting to level the playing field between Australian and overseas retailers with proposed GST changes effective from 1 July 2017. Here’s what you need to know. Australians are increasingly turning to overseas sellers when they shop online to access cheaper prices and a larger variety of goods and speciality items. The government […]

ATO crackdown on ride sharing drivers

ATO crackdown on ride sharing drivers

Concerned that too many drivers are avoiding tax, the ATO is cracking down on ride sharing drivers contracted to companies such as Uber, Ola and Didi Last year the ATO warned Uber drivers that avoiding tax wasn’t an option, this year it’s getting evening tougher. Banks will now be required to provide details of ALL […]

Overseas HELP Debt – What is it?

Overseas HELP Debt

The ATO implemented formal changes to how they recover “overseas HELP debt”. So, if you have lived overseas for more than 6 months and have a HELP debt, you may need to make HELP repayments How does the ATO recover HELP debts? Prior to 2017, Australians with a HELP or TSL debt did not have […]

Employment Termination Payment (ETP) and your taxes

redundancy-employment-termination-payment-etax-accountants

What is an Employment Termination Payment (ETP)? An Employment Termination Payment (ETP), sometimes known as a redundancy payment is a lump sum amount paid to an employee, after redundancy. There are a few different types of redundancy payments and each one can have a different effect on your tax return at tax time. For tax […]

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 […]

Tax Tips and Tax Deductions for Freelancers

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 […]

ATO to Share Bank Account Details with Overseas Governments

The ATO will share people’s bank account details with other governments and automatically detect overseas bank accounts to reveal tax evasion In a move aimed to find taxpayers who do not declare income or savings in different countries, the ATO will join tax departments world-wide to share taxpayers’ overseas bank account details. The ATO will […]

An Uber Driver’s Tax Case Study: 8 steps to do Uber the right way

Uber driver tax

When you drive for Uber, it’s important to know what your Uber driver tax obligations are. This driver got it right from the start. Here’s how: Judah is a professional person working a professional job. He’s university-educated with a full time job in his chosen career. Judah is also an Uber driver, and he’s doing […]

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