What is the tax free threshold? The tax free threshold is the amount of income you can earn each year before you have to start paying tax. In Australia, the first $18,200 you earn between 1 July and 30 June is tax-free, regardless of which employer you earned it from. NOTE: The ATO’s definition of […]
Your Tax and Finances
Your Tax and Finances: Money Tips | Budget and Savings | Superannuation | Rental Income
Etax Property Investment Tax Hub
Find out which property investment expenses can claim as tax deductions. Learn about depreciation, negative gearing, Capital Gains Tax and more.
The Etax Investment Property Tax Hub has everything you need to know about owning, renting and selling an investment property.
How to defer a HELP debt during financial hardship
If you have a HELP debt and are experiencing financial hardship, you may be eligible to ask the ATO to defer your HELP debt for a temporary period. If the ATO accepts your request, it means that they will put a temporary hold on your repayments. What is a HELP debt? Commonly referred to as […]
Investment property tax deductions under the ATO spotlight
Australian investment property owners may be on a collision-course with the Australian Tax Office (ATO) in 2025, over incorrect claiming of tax deductions. Along with the rising cost of living and borrowing rates in Australia, the estimated 1.7 million people who own a rental property will also have their investment property tax deductions put under […]
What are the maximum super contribution and tax rates?
When you know the super contribution limits and rates – 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. […]
5 Smart Ways to Use Your Tax Refund This Year
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 […]
Save Receipts and Deductions to Fast-Track Your Next Tax Return
The best way to tackle next year’s tax deductions is to save ALL your tax receipts – but that’s not always easy. Did you get to tax time this year and wonder where your other expenses have gone? It’s SO annoying when you realise you can’t claim back the hard-earned cash you spent on work-related […]
The First Home Super Saver Scheme (FHSSS): your guide to buying your first home sooner
If you’re someone who’s been saving for a first home deposit, then there’s one scheme you should know about. It’s called the First Home Super Saver Scheme (FHSSS). The point of the scheme is to help people of all ages get into their first homes sooner. It was introduced by the Australian Government in the […]
Can’t work due to COVID? What help is available?
What do you do if you can’t work due to COVID? With self-isolation rules relaxing, the Government is no longer providing the Pandemic Leave Disaster Payment. Instead, the High-Risk-Setting Pandemic Payment has taken its place but is not available to everyone. Luckily there is some help out there to help you stay afloat if you […]
5 Smart Ways to Use Your Tax Refund
We’re often asked the smartest ways to use your tax refund – so we’ve collated a quick list of tips and ideas! How to spend your tax refund to get ahead 1. Pay off your debts Probably the very smartest way to use your tax refund is to pay off any bills or credit cards. […]
How to cut expenses and save more money
Do you want to cut your living expenses or just want to save more money? The following tips help to give you more control over your finances. In a world where anything can happen – and does – that’s something we all need. Giving yourself a regular financial health check each year helps rein in […]
How to Claim Personal Super Contributions Tax
Invest in your future by adding money to your superannuation AND score some savings at tax time. Sounds great, right? Let’s cover how to claim your personal super contribution tax on your next return. Most Australians know that super is money for retirement. What’s less well known is: What is Super Contributions Tax? A personal […]
Low Income Super Tax Offset
If you’re a low-income earner, saving for your retirement can feel daunting. Fortunately, the Australian Government have some programs to help you prepare, including the Low Income Super Tax Offset (LISTO). What does the Low Income Super Tax Offset program offer? The Low Income Super Tax Offset is a government program to help low-income earners […]
Capital gains tax: Does it apply to you?
What is capital gains tax? Capital gains tax (CGT) is the tax you pay on profits you make from the sale of a capital asset such as real estate or shares. A capital gain is when you sell a capital asset for more than you originally paid for it. You are required to pay tax on […]
How to claim tax deductible donations
When you give money to a charity, your gift is often 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 […]
