Are You Exempt From Paying The Medicare Levy?
Want to know an ATO secret? Under certain circumstances, did you know that you might be exempt from paying the Medicare Levy?
Taxes Made Easy: What Car Expenses Are Tax Deductible?
Confused about which car expenses you can claim on your tax return? You’re not alone. Dive into ITP’s latest article where our certified accountants demystify the ATO’s rules on car-related deductions.
Easy As: 6 Hacks Students Can Use To Save Serious Cash
Are you a student looking for ways to save cash? You’ve come to the right place. The costs of studying can quickly add up, but ITP’s accountants have the advice you need to build a strong financial foundation.
Your Quick & Easy Guide to Income Tax in Australia
Moving to Australia? Brace yourself for a new cultural experiences and an unfamiliar income tax system! But don’t worry, our easy-to-follow guide, developed by ITP’s certified accountants, will help you navigate Australia’s income tax system. Dive in for an easy walkthrough of our country’s unique taxation rules.
How The Heck Does HECS Work?
By breaking down the key components of HECS and the options available, this article will help demystify Australia’s student loan scheme. Readers will come away with a firm grasp of eligibility requirements, repayment obligations, and how to plan their path through higher education with HECS/HELP in mind.
Do You Rent Your Holiday Home Out On Occasion?
Owning a holiday home can be a great way to enjoy time away from home or earn some extra income. It’s important to understand your tax obligations depending on how you use your property. The ATO has different rules around claiming expenses and declaring income. Here, we discuss what these scenarios are and how you can save your tax dollar.