Our tax refund process
The process of preparing and lodging your tax return can be extremely time consuming and stress-inducing. Having an experienced and dedicated tax agent to walk you through the process will take a load off your shoulders, which is why we are here for you. Just follow the below steps to get your tax refund done […]
5 smart ways to spend your tax refund
After all the time and effort you put into doing your tax refunds, all that’s left to do is wait for your reward! But let’s not get ahead of ourselves and spend it all on that watch we’ve been eyeing for the past 2 months. We have compiled 5 smart ways to make sure your tax […]
Is your tax return overdue?
Tax returns are due on 31 October and cover one financial year, which is 1 July to 30 June. Regardless of how far away the tax return deadline is from when you are reading this, it is important to have your documents sorted as early as possible. Late tax returns will lead to all sorts […]
Work from home 80 cent per hour deduction extended
The Australian Taxation Office announced earlier this year that the 80 cent per hour work from home deduction shortcut method will remain in place until 30 June 2021. The shortcut method was introduced in April 2020 as a response to the COVID-19 pandemic and was initially due to expire in September 2020, but was extended until […]
Australian government to broaden eligibility for self-education tax deductions
Recent updates to the federal budget indicate that individuals may be able to make tax deduction claims for upskilling courses that improve their capabilities and employability in industries unrelated to their current employment. This is an expansion of the current tax regime which allows eligible Australian taxpayers to claim deductions for self-education expenses only where […]
Accountants: make or save for your business
Business owners are constantly thinking about how to increase profits. They can do so by either making or saving money. That said, the process isn’t as easy as putting spare change into a jar. Navigating through complex financials and taxes can be time consuming and sometimes mind boggling. A qualified accountant can save you the trouble […]
5 tips for choosing the right accountant
When it comes to tax season, many Australians come to rely on professional accountants to get their tax returns done. A qualified tax accountant can help you prepare your tax return seamlessly and spot tax deductions that you may not have thought of. The question is: out of all the accountants in the world, which […]
What to do if you miss the tax deadline
The tax season has come and gone. If you have missed the tax deadline and not applied for an extension, it is important to take action and get your tax returns up to date. Photo by Wonderlane on Unsplash When is the tax deadline? A tax return covers one financial year, which is the period from […]
5 tips for maximising your tax refund
It’s never any fun trying to figure out what is or isn’t tax deductible, and scrambling to gather receipts from several months ago at the end of the year. Here we will give you some simple tips for making the most out of the upcoming tax return season. Photo by Gabrielle Henderson on Unsplash Deductibles […]
How will your personal income tax be affected by the new tax measures?
In order to deal with the $90bil blow-out in the cash balance from the budget estimates prior to COVID-19, tax measures have been introduced into Parliament. You can find them in the Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Bill 2020. Photo by Marten Bjork on Unsplash One of these measures […]