If you are in Australia, there are different statutes of taxation. One of the key elements that will determine the amount of tax that you will pay is whether you are a resident of a non-resident. There are many people who are ignorant of such laws and end up making the wrong decisions. Understanding where […]
If you make less than $18200 per year, you don’t have to worry about paying taxes on your income. But if you make more than that, you are required to lodge tax return on time. You are mandatorily required to lodge a tax return each year at the designated time of the financial year. But due to certain situations, if[…..]
Managing the rental property can be complex for individuals or businesses. From the taxation point of view if you have multiple rental properties it can be even complex. If you have maintained the complete records of income and expenses with all receipts you will save a lot of time and effort at the end of the financial year. What[…..]
Are you looking to make a donation to charity? Some donations to charity can be claimed as tax deductions on your individual tax return each year. Donations can reduce an individual’s taxable income and money donated in June can result in money back in July. How to check if donation is tax deductible? A donation is[…..]
You might have seen the ads or banner offering instant tax refund or same day tax refund/return during tax season. Do you exactly know how instant tax refund works? The tax refunds come directly from ATO. If some tax agents are offering you instant tax refund, that is not the tax refund you are receiving[…..]
Do you drive for Uber or any other ridesharing company? Are you thinking to drive for uber? Well, driving for uber is a great way to earn extra income on the top of what you are already doing. But, do you know what are the tax implications for the uber driver? You can’t keep all[…..]
If you are an international student in Australia and working part-time you could be eligible to claim a tax refund. Because there is high chance that you’re earning under the tax-free threshold which is $18,200. Overseas students who has enrolled in a course that is more than six months long at an Australian institutions are[…..]
Most people are getting Good Tax refunds this year with the up to $1080. Our software will calculate exactly how much of the $1080 you will recieve along with your tax refund 2019. But a common question asked is as to what is the eligibility of the the $1080 Tax break 2019 and who would[…..]
1. Individuals can claim up to $300 worth of expenses without receipts with diary evidence as long as they are work related and have been bought. ATO conditions apply. 2. For sole traders and other small business entities the $20000 SMEs tax write off has been increased to $30000 for 2018-2019 financial year. It will be claimed for[…..]