Here’s everything you need to know about the tax implications of being a Deliveroo rider-partner. Deliveroo is a food delivery service where you can choose high-quality takeaway options from Australian restaurants. Your food is then delivered by ‘Deliveroo rider-partners’ straight to your home or office. If you’re currently a Deliveroo rider-partner, read our handy Deliveroo […]
The Etax Blog: Tax Tips
How Can I Help My Children To Be Successful and Financially Secure?
Parents have lots of different ideas about success for their children (and themselves). But most parents share similar concerns and worries about their children’s long-term financial security and happiness. Money and happiness are not the same thing, but it appears that certain habits and life skills may improve the chance of achieving both. At Etax, […]
Live-in landlord Tax Deductions: What you should know…
Live-in landlords are common these days, as more and more people choose to lease out rooms in a house they own and live in. It can help pay the mortgage, cover running expenses and fill up space that’s otherwise unused. If you lease out part of your home, you’ll receive rent. This is usually treated as “assessable […]
HELP Repayment Rates: How To Repay HELP Debt Quickly
Need help with HELP debts? Here are some tips on repaying your HELP debt… If you are one of many people who graduated university with a HELP (Higher Education Loan Program) debt, you might not be sure exactly what the steps are to repay help debt. It’s important that you know how to repay HELP debt […]
Bank Interest: What you need to know at tax time
It’s important to declare bank interest on your 2018 tax return to avoid ATO tax “surprises”. On your tax return, Gross Interest (bank interest) is income paid to you from a financial institution (like a bank or building society). If you have a savings account, you probably earned some bank interest. Your bank reports the interest you received […]
Ironing Out Laundry Expenses:
How To Claim Work Uniform Laundry Costs
Do you wear a uniform to work? If it falls into any of the categories we discussed in our uniform expenses post, you can also make a claim on your tax return for the cost of laundering those uniforms. The way you calculate your laundry expenses will depend on your means of cleaning. We’ve created […]
ATO Data Matching – What is it and will it affect me?
You may have heard that ATO data matching technology is now being used in Australia. The ATO launched the system to shine a light on people who have undeclared income missing from their tax returns, opening a new opportunity to catch people out and collect more tax from Australians who may understate their income. What […]
Reporting Your Foreign Employment Income
If you’ve earned foreign employment income this year, find out how to report it correctly on your 2018 tax return. Are you an Australian resident for tax purposes and work overseas? If yes, you must report all your foreign income in your Australian tax return. This includes both your assessable and exempt income – even if […]
Do you receive the Government Aged Pension?
You may still need to lodge a tax return. Many Australians on the aged pension are unsure about their taxes. Common questions from pensioners include… Do pensioners need to lodge a tax return? What should I declare to the ATO? In this post we’ll discuss the different circumstances where you may (or may not) need […]
Tax deductions for office admin staff – How to boost your tax refund
This one is for all the office administrators out there; the unsung heroes of EVERY business. Admins make things happen. You are the organisers, arrangers, schedulers and geniuses who bring order and process together to make everything happen how it should. Suffice it to say, without you, the office melts into chaos. (You’ve seen your […]
Tax Return 2018: How to do your 2018 tax return
The 2018 tax return is for income that you earn between 1 July 2017 and 30 June 2018. Your tax return will be easier than ever in 2018 The team at Etax.com.au works non-stop, year round to make the online tax return nicer and easier for you. When people tell us “this part was hard for […]
Find Lost Super – Do you have lost superannuation waiting to be found?
If you find lost super, it could give your retirement a boost. It might even mean you can stop working a bit earlier and enjoy your retirement that much sooner. Millions of Australians have more than one superannuation account (super fund). That can mean paying more fees and getting less growth in your savings. You […]
Save receipts and deductions to fast track your 2018 tax return
One of the best ways to fast track your next tax refund is simple record keeping. To make things easy for 2018, now you can save your documents and receipts on the go, right into your Etax account! As part of the online tax return upgrades, you can now securely attach all your tax records […]
Corporate Tax Avoidance and Tax Gaps: What is it costing Australia?
A common theme in ATO messages this year has been that big businesses are generally doing the right thing. They’re lodging income tax returns accurately and paying the correct amount of tax. Interestingly, corporate tax avoidance is absent from their narrative. Instead, concerns focus on individual taxpayers who over claim deductions. However, the recently published […]
Hospitality tax deductions – now it’s our turn to look after you!
Who knew you could claim the sunscreen you slathered on during those open air functions last summer? Or the advanced barista course that made you the best coffee artist on the strip? We did – and that’s not all! Hospitality tax deductions put a big chunk of your hard earned cash back in your wallet […]
