When Do You Need To Lodge A Tax Return?
New to the world of tax returns? If you’re confused to understand whether you should lodge a tax return this year, this short article will help you understand when and where you should lodge.
Do you understand GST and BAS?
Have you just started your small business, or earned over $75,000 per annum? Firstly, well done! Congratulate yourself for having reached a milestone many others are still working towards. Now that you have reached this milestone, you’ll no doubt be aware that you’ll have the extra implications of collecting and paying the GST as well as lodging a BAS.
Warning! Your 2022-23 tax return may be lower this tax time 2023, and here’s why
Why is your 2023 tax return lower this year? The ATO has made some changes which may lower your 2023 tax return. What are these changes and how to they affect you?
What Triggers a Capital Gains Tax Event? Your Complete Guide
Trading in assets such as properties, shares or cryptocurrency will trigger CGT events that need to be reported in you tax return. Unfortunately, reporting CGT events is not always simple. Read our short report to gain a better understanding of what a CGT event is and how to report them if you want to avoid paying too much tax.
8 Important Questions to Ask Before Claiming Rental Expenses on Your Tax Return
If you have a rental property, it’s crucial to know which rental expenses you can claim as deductions on your tax return. This information could save you thousands, so read on for all the details.
2023 Tax Time Deductions To Reduce Your Tax Bill
It goes without saying that most Australians don’t like to think about tax. There is a collective groan across the country at 1 July when it’s time to go through your receipts and lodge your claim. The fact is, most people pay too much tax. The reasons are a mix of laziness, boredom and ignorance. Luckily, we can help with all three.