At the National Press Club last week, 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 … [Read more...]
Want to become a sole trader? 3 steps to make sure you do it right!
Do you want to become a sole trader with long term success AND minimise the business tax you pay each year? If so, you've found the right post! If you have a great idea or an original product? Do you have a clear idea about who your customers will be and what they want? Are you prepared to deliver knock out service? … [Read more...]
5 Smart Ways to Use Your Tax Refund This Year
Are you wondering what to do what your tax refund? Some fresh ideas that could make you more financially comfortable. This year, before you race off to the shops on a spending spree, consider a few smart ways to use your tax refund. As Australia’s biggest online tax agent service, we hear from lots of Australians … [Read more...]
Being made redundant could re-ignite your career: Redundancy tips from a careers expert
Being made redundant can seem like tough thing to get through. Yet, an amazing two per cent of Australian workers go through this every year! We spoke to Australian career advise expert Russell Johnson, a career planning veteran with CEO-level experience in Australia and the US, to get a fresh perspective on being … [Read more...]
The Top 5 Forgotten Tax Deductions
With the end of the financial year fast approaching, it’s a good time to discuss tax deductions – especially those deductions often missed by taxpayers like you. We surveyed our senior accountants and asked them “what are the top 5 forgotten deductions on individual tax returns?” – that is, deductions people can … [Read more...]
How To Claim Donations to a Charity on Your Tax Return
When you give money to an offical charity, your gifts can become a tax deduction that can boost your tax refund. There are lots of charities and worthy causes out there. They rely on the generosity of taxpayer donations in order to advance important causes or help the less fortunate. Like many Australians, if some … [Read more...]
Holiday Rental Tax Deductions: The Basics
Do you own a holiday rental property? You could be eligible for valuable holiday rental tax deductions. Holiday rental properties are a common type of investment property in Australia. Holiday rentals are often managed by an agent or real estate company, for a fee. Although the operating costs can be higher than … [Read more...]
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 … [Read more...]
How To Claim Your Car Expenses – The Car Logbook Method
The Car Logbook Method is a good way to track your car expenses and claim them on your tax return (to increase your tax refund) (Updated for 2017, because the car logbook is now one of only two car expense claim methods allowed by the ATO) If you’re a small business owner and you use your car for work purposes, … [Read more...]
Three Easy Ways to Get a Bigger Tax Refund
When you do your tax return each year, do you get the full tax refund you're entitled to? Are you looking for a bigger tax refund, but don't know where to start and don't want to get in trouble with the ATO? In Australia, millions of people miss some of the tax deductions they’re entitled to. That means people don't … [Read more...]
Teachers’ tax deductions can really boost your tax refund (with Infographic)
"I'm a teacher. What tax deductions will the ATO allow?" Like many professionals, teachers often pay for work related expenses out of their own pockets. In most cases, these items can become valuable tax deductions for teachers. As a teacher, the tax deductions you claim back significantly improve your tax refund … [Read more...]
Can My Friend Do My Tax Return For Me?
Your tax return can be a chore to do. This is especially true in Australia, with our complicated tax return system. Tax agents like Etax work hard to iron-out the problems and make tax easier for you. Do you have a friend who seems unfazed by doing their taxes? (Wouldn’t that be nice!) You might have wondered, … [Read more...]
- 1
- 2
- 3
- …
- 11
- Next Page »
