As part of the recent STP payroll system roll out, we no longer receive a PAYG or Payment Summary at the end of the financial year. Instead, HR departments advise employees to get an Income Statement from the ATO. With less than 1/3 of us ever wanting to go anywhere near the ATO’s confusing websites, […]
The Etax Blog: Tax Tips
Tax Deductions For Medical Professionals
Medical professionals are responsible for delivering a range of vital services to the general public. They include GPs, pharmacists, orthodontists, psychiatrists and many more. Usually, there are many tax deductions for Medical professionals that can be claimed on their tax returns. Often, they outlay large amounts of their own money on work-related expenses, courses and […]
Tax Deductions for Sales Professionals
Whether you’re a real-estate agent, car sales person or sales rep, working in sales can be a demanding job! There’s always another contract to close or client to follow up. With so many demands for your time, it’s not surprising that we often get questions about tax deductions for sales professionals. They’re unsure what they […]
Tax Deductions for Engineers and Science Workers: Do you know what can you claim?
Science and Engineering is a highly technical field, which is why we’ve simplified your tax return for you! Read our science and engineer tax deductions guide below to learn what you could claim. Science and Engineering encompasses a wide range of occupations, including the following: If you work in any of those professions, our simple […]
Tax Deductions for Labourers
Manual labourers are the driving force behind a range of industries including construction, agriculture, road works and more. The hard work they put in contributes directly to Australia’s essential infrastructure. And, with all the long hours, it’s not surprising that many lose track of their expenses and or just aren’t sure what labourer tax deductions […]
Tax Deductions for Farm Hands: How to maximise your next tax refund!
There are many tax deductions available for farm hands. Make sure you’re not leaving any money on the table this tax time! Farm hands are responsible for a range of manual labour tasks to keep farms in production all year round. These include operating and repairing machinery, ploughing, planting, maintaining and harvesting crops and building […]
Childcare Worker Tax Deductions – Your Personalised Tax Guide!
Do you spend your days caring for or supervising our future generations? Whether you’re a childcare worker, childcare assistant, nanny, kindergarten assistant or pre-school aide, you’re entitled to some attractive tax deductions that you may be unaware of, until now. Use our early childhood educator and childcare worker tax deductions guide below to make sure […]
Tax Deductions for Bartenders and Wait Staff – Your Formula for Tax Success!
Are you a waitress in a sushi restaurant? An artistically gifted barista? Or a licensed club manager at one of the city’s hottest nightspots? If you want to claim the tax deductions you’re rightfully entitled to, read our tax deductions for wait staff and bartenders guide! We know customer service of any kind in the […]
Customer Service Worker Tax Deductions – Exactly what can you claim?
Attention all retail managers, shop assistants, customer service reps and call centre consultants – our customer service worker tax deductions guide is here to make sure you get the most out of your tax return this year! As a customer service professional, it can be difficult to know what you’re eligible to claim and what […]
The Backpacker Tax: What You Need to Know When Working and Holidaying in Australia
If you are taking an extended holiday in Australia, working at the same time is a popular way to see everything the country has to offer. Many thousands of backpackers and holiday-makers do it every year, so you’re not alone. But while backpacking across Australia has been popular for decades, Australia’s tax rules have recently […]
Share Economy Tax: Make sure you know your obligations
Recent estimates state up to one in five Australians earn money through the share economy. That’s a huge number of us who drive for a ride sharing service, (eg. Uber) rent out a spare room (eg. AirBnB), deliver food, (eg. Menulog), complete odd jobs (eg. Airtasker) or even provide professional services (eg. Upwork). What is […]
Tax Tips for Farmers – What assistance is there?
It’s no secret that Australian farmers are experiencing a tough set of circumstances right now. While campaigns to support farmers are fantastic, there are a number of tax tips for farmers to be aware of as well specially enacted concessions available. These altered tax rules are intended to directly support rural Australia and farming communities until […]
Shared Finances vs Separate Bank Accounts – Which is Right For You?
At some point, every couple has the shared finances vs separate bank accounts conversation. But, as with all money-related matters, it’s rarely a straightforward process. Let’s look at the 3 most common options, to help you choose what kind of finance strategy may work best for you… 1. 100% Shared finances The ‘traditional’ idea of […]
Tax Guide For Couples: How does having a spouse affect your taxes?
This tax guide for couples helps you determine whether you need to include your partner’s information on your next tax return. Read on to learn what you should tell the ATO this year… Who the ATO defines as a spouse for tax purposes is a common cause of confusion. Once you’re familiar with the definitions, […]
Farmer Tax Guide
We wrote our farmer tax guide to help answer some practical questions about farming and tax. There is a lot of confusion about defining a farmer in the tax system. And, it can be just as tricky to determine whether farming activities are taxable. We also cover some helpful tax tips to consider when selling […]