Do You lodge late tax returns?
How Much Do People Pay in Taxes on income?
Resident tax rates 2018–19
|Taxable income||Tax on this income|
|0 – $18,200||Nil|
|$18,201 – $37,000||19c for each $1 over $18,200|
|$37,001 – $90,000||$3,572 plus 32.5c for each $1 over $37,000|
|$90,001 – $180,000||$20,797 plus 37c for each $1 over $90,000|
|$180,001 and over||$54,097 plus 45c for each $1 over $180,000|
Check more on ATO: https://www.ato.gov.au/rates/individual-income-tax-rates/
I am a nurse. how can I maximise my tax return? What deductions can I claim?
I am a trades person. Can I claim all my tools and do I get all my money back?
I have been told by my union that I can get 100% back from my union fee, Is it true?
I am a marketing manager and have to do extensive travelling between clients. How can i claim my car expenses?
I am a bus driver and I also drive taxi on the weekend. Can I claim sun protection gear?
I am a IT professional. Can I fully claim the value of the laptop that I bought for my work?
I am a teacher. Can I claim home office expenses?
I am a waiter. What deduction can I claim?
I have a rental property. Can I claim stamp duty paid during purchase as a deduction in my negative gearing for the investment property.
What are some of the major deductions that can be claimed when claiming a rental property in the Income tax return?
All the above are subject to ATO conditions are not any form of advice as they may differ in every Individual tax payers situation. Hence please take your Accountants advice before claiming them.