Yes, you can claim often claim your handbag for work as a tax deduction, as well as your other work bags. But don’t go shopping just yet! There are some important things to keep in mind. The basic rule for claiming a handbag or briefcase as a tax deduction is that it must be directly […]
2024 Tax Return
Tax Advice: 2024 Tax Return | Increase Your Tax Refund | Tax Deductions | Medicare and Health Insurance | Tax Rebates
The Most Surprising Tax Deductions You Could Claim On Your Tax Return
Tax deductions lower the amount of tax you pay by reducing your assessable income. There are plenty of rules about what you can and can’t claim and much of this depends on your profession. Simply, the claim has to be relevant to your job and it can’t be a private or domestic expense. This means […]
Get up to speed: Fitness industry tax deductions
Work expenses for fitness industry employees can really mount up over the year, but we’ve got the answer to trimming them back. It’s time to explore the world of fitness industry tax deductions for all you dedicated beings who tirelessly coax the rest of us into getting off our backsides and along to your boot-camps, […]
Tax Time Procrastination: Are you putting off your tax return?
Procrastinating about taxes is a yearly problem for many Australians. That has a bunch of down-sides including, thoughts about “taxes” dancing in the back of our minds, for most of the year. Stressful! And really, unnecessary. With the tax deadline looming (31 October), the window for putting off your tax return is closing in. At […]
Tax Deductions for Cleaners: Will you clean up at tax time?
Cleaners and cleaning staff can often claim a lot of tax deductions If you’re in the cleaning business and you’re not making the most of these tax deductions for cleaners, then you might lose out on a heap of cash every year. Whatever type of cleaner you are, we understand your job can be tough! […]
How long does a tax return take? Your guide to getting your tax refund with Etax
OK, so your tax return is finished and has been lodged by Etax to the ATO. Now you’re wondering how long it will take until you receive your hard-earned tax refund, right? We know waiting for your tax refund is frustrating, and chances are it’s already on its way. However, it’s important to bear in […]
$1,700 in Unpaid Super Every Year – Here’s What You Can Do About It
Would it bother you if your weekly or fortnightly pay was consistently 11.5% short? Once you noticed, would you do something about it? If you’re like most Australians, the answer would be a resounding “Yes!”. Here’s the scary part: this is exactly what’s happening to as many as one in three Australians. So, what’s the […]
Part 1 – 10 Easy Ways to Pay Less Tax
We asked our top tax accountants for the easiest ways to pay less tax to the ATO and keep more money in your wallet. They had a LOT of answers to help us all pay less tax. So read on it could help you save big $$$ this year Part 1: ‘How to Pay Less tax’. […]
Part 2 – Easy Ways To Reduce Tax: More Tax Deduction Tips
Here’s part 2 of our best ways to reduce your tax series: If you’d like to see the first half of the list, click here for part 1. Let’s look at more ideas about how to increase your tax refund this year. 6. Manage the timing of your tax deductible expenses If you know in advance that […]
The key to a better tax refund: Easy record keeping
These simple record keeping tricks can put extra money into your tax refund The ATO’s ongoing crack down on work-related tax deduction claims means that good record keeping is more important than ever. Get in the habit of keeping records organised during the year and at tax time completing your return is SO much easier […]
Deliveroo tax help: A tax guide for Deliveroo rider-partners
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 […]
Understanding Tax on Bank Interest: What you need to know
It’s important to declare bank interest on your tax return to avoid ATO tax “surprises”. On your tax return, Gross 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 […]
Reporting Your Foreign Employment Income
If you’ve earned foreign employment income this year, find out how to report it correctly on your tax return. Are you an Australian resident for tax purposes and work overseas? If yes, you must report all your overseas income in your Australian tax return. This includes both your assessable and exempt income – even if […]
Do you receive the Government Aged Pension in Australia?
You may still need to lodge a tax return. Many Australians on the aged pension are unsure about their taxes and what their obligations are once they are no longer working? Common questions from pensioners include… In this post we’ll discuss the different circumstances where you may (or may not) need to lodge a tax […]
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. 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 boss stare blankly at […]
