Tax
CategoryDon’t Get Stung! You May Need To Pay Extra Tax On These Relief/Support Payments.
Have you, over the course of the past financial year, received a government assistance payment, support payment or disaster relief supplem..
ATO Says Different Payments Will Have Different Tax Treatments.
The ATO is looking to make tax season a little bit easier this year, particularly in light of the unique but significant challenges that A..
The ATO Warns Gig Economy Workers To Declare Their Income, Or Face Severe Penalties
The inexpensive and profitable side hustle is under the ATO’s watchful eye when it comes to declaring income this tax season. With many gi..
What You Need To Know To Complete Your First Tax Return
Tax return season is quickly approaching for individuals. You may need to begin thinking about the process sooner rather than later to ens..
Crypto Tax Crackdown Announced By ATO
Cryptocurrency investments are on the ATO’s radar this tax return season, with 100,000 taxpayers to be alerted by the ATO of their tax obl..
This Year’s Tax Return Won’t Be A Simple Copy/Paste Affair
Due to the impacts of COVID-19, how Australians claim work-related expenses on their tax returns every other year is sure to be different ..
Paying The Stamp Duty Tax
When you’re buying a property, there’s a high likelihood that you’re going to need to pay a tax known as stamp duty on top of the price or..
Extension Of The Low & Middle Income Tax Asset Rebate Announced
The Low and Middle Income Tax Offset has been extended for another 12 months, meaning that taxpayers whose wage earnings situate them with..
Are You Using The Shortcut Method To Claim Your Work From Home Deduction?
There’s a new normal towards how Australians are approaching their work, with remote working now a more viable option for businesses and t..
What Are The Consequences Of Improperly Lodged Tax Returns?
With tax return season approaching quickly this year, you may have already started looking into lodging your income tax return. Ensuring t..