Do you have to pay for make up or other personal grooming expenses? If these purchases are essential for your job, you may be able to claim your money back at tax time. When we’re in the public eye at work, we all want to feel like we are well presented or reflect the role […]
The Etax Blog: Tax Tips
Zone Tax Offset: Do you live in a remote area?
What is a zone tax offset? The zone tax offset is a tax concession offset offered by the Australian Tax Office for people who live in remote areas of Australia. This offset helps cover the higher cost of living, amenities and other environmental factors associated with remote living. The zone tax offset can provide significant […]
Overseas Forces Tax Offset: Are you claiming yours?
A question we often hear from people who have worked or are working overseas in the Australian Defence Force is: Am I eligible to receive an overseas forces tax offset when lodging my tax return The answer is YES as long as you meet certain criteria. How can I claim the overseas forces tax offset? […]
Redundancy Payment and Your Taxes
What is a Redundancy Payment? A redundancy payment, also known as Employment Termination Payment (ETP), 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 purposes an Employment […]
Tax Deductions for Aged Care Workers
Do you work in the aged care industry? Do you want to know what aged care worker tax deductions you can claim? From time to time you probably pay for work-related purchases “out of your own pocket”. Anytime you pay for a work-related item, you need to keep careful track so you can reclaim some […]
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
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 freelancer tax deductions blog will be a massive help to you at tax […]
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 […]
Uber tax issues: A tax guide for Uber drivers
Uber has taken Australia by storm as a great way to earn additional income. But there may be serious Uber tax problems ahead unless you do things the right way. Uber is a unique, flexible opportunity to earn a side income for almost anyone with a good car. But there are important things to consider […]
An Uber Driver’s Tax Case Study: 8 steps to do Uber the right way
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 […]
Airbnb Tax Information: Tax tips for Airbnb hosts
How does Airbnb affect your tax return? Here’s your guide to everything you need to know about Airbnb tax On a non-business level, Airbnb offers a great opportunity to earn some extra cash by renting out that spare room, or a holiday home that would be quiet for much of the year. However, Airbnb hosts […]
What’s A Good Superannuation Strategy For Me?
(With links to superannuation strategy how-to guides from Money Magazine and CANSTAR) Whether you’re in your 20’s now, or almost ready to retire: A good superannuation strategy can make the difference between a comfortable retirement and a financial struggle. The Government continues to make changes to how you receive the aged pension in retirement, therefore, […]
Gender Pay Gap: Why do women still earn less than men in Australia?
It may be a surprise to some that the gender pay gap still exists. Many of us assume that gender inequality has been overcome in Australia. That might be true in some respects, but unfortunately not where income is concerned. The fact is, on average, women still earn 15.3% less than men – a gap […]
How To Claim Work-Related Calls and Phone Expenses On Your Tax Return
Do you use your own mobile phone for work-related tasks? If you do, you may be able to claim a portion of your mobile phone expenses on your tax return. Keep in mind, if you are claiming your work from home expenses using the 70c method, you cannot claim your mobile phone separately. Instead, by […]
Password Safety Tips:
How To Create Strong Passwords – and Remember Them
The Etax team assembled these tips to help you take control of your passwords and logins (and be safer online). Do you re-use the same password on different websites? That’s a risky thing to do, because if your password is leaked or stolen for just one site, someone might gain access to your entire “online […]
