Read the latest news, get tax advice and keep up to date with our timely and informational short reports.
A HECS-HELP loan can help you unlock the career of your dreams. However, it also ties you to repayment requirements that are crucial to understand. In this article, we’ll take you through everything you need to know about student loans in Australia, including some helpful tips for minimising your debt.
Claiming everything you’re entitled to on your tax return can make a big difference. If you’ve purchased a laptop for work, read our short guide to find out how you can claim it as a tax deduction.
During Covid the ATO temporarily suspended the collection of debts, including the use of credits and refunds to offset outstanding debts however the ATO has reactivated debts that were previously placed on hold.
The 2023-24 Budget was released by the Federal Government on Tuesday, 9 May 2023. Treasurer Jim Chalmers described the budget as a balancing act between relief, repair, and restraint, in his second budget announcement. While The Budget includes various tax measures, most have been previously announced and haven’t changed.
Did you know that owning an investment property could qualify you for valuable tax deductions? Things like interest on your mortgage, repairs and maintenance costs, water rates and property taxes may be deductible. Make sure you understand all the potential tax benefits available to you as a property investor—it could help boost your cash flow and maximize your tax refund.
Are you one of the millions of Australian students with HECS / HELP debt? This quick but comprehensive report will answer all your questions.