Second Job Side Hustle Tax Tips
Do you have a side hustle? It’s a great way to earn a little extra money, but beware of the unintended tax implications you might be obligated to pay.
How does the Goods and Services Tax (GST) affect selling property?
Sometimes it can be difficult to determine if your property is termed as a residential premise and this is where good advice is essential. What are the GST implications you’ll need to be aware of to remain compliant with the Australian Taxation Office (ATO)?
Getting Married and Taxes What You Need To Know For Your Next Tax Return
The ATO considers married, de-facto and same-sex couples as those in a regular domestic relationship for tax purposes. ITP The Income Tax Professionals are often asked what the tax implications are when you find yourself in these circumstances.
Face it. You guessed. That’s not okay.
How to use ITP’s online tax return service. It’s super easy. Once you’d filled in your details, our tax agents will review your details, claim all of your entitlements and lodge your tax return for you without you worrying about a thing. So, where do you start?
EOFY Checklist for Savvy Small Business Owners
End of Financial Year can be a busy time, but it can also be the most productive time of the year for your Australian small business. Reconciling your businesses financial position can lead to positive changes for future planning and growth strategies, but what do you really need to do?
Essential EOFY financial tasks
The ‘To Do’ list for your business sometimes seems unending, but at the end of financial year (EOFY), it’s more important than ever to prioritise your financial ‘To Do’ list so you can get your business organised and work smarter for the next year. What are your EOFY essential tasks?