Many people lodge their return in early July to get their hands on the refund as soon as possible. But you could get a “please explain” from the tax office.
If you’ve set up a home office in your study or converted a spare bedroom into a work space, you need to know which deductions you can claim and can’t claim this tax time.
In good news for small businesses, the Treasurer announced in the Budget that the $20,000 asset write-off scheme for small businesses will be extended.
Changing work patterns mean more Aussies are setting up a home office. Here is what you can claim at tax time.
With the cost of petrol these days, anything you can do to reduce the cost of motoring is welcome. Here’s how to claim your car usage on your tax return.
The $20,000 asset write-off scheme for small businesses is set to end on June 30, so you have just three months to nab a tax bargain on a new or used vehicle.
Aussies are paying $2148 a year for travel and $1548 a year for lunches. But they can claim it on tax, right?
Airbnb has been one of the success stories of the sharing economy, but it poses a challenge when it comes to tax obligations. Here’s what you need to know.
If your accountant tells you how to make a quick buck this summer, you might want to steer clear, as the ATO targets a multi-million dollar gold tax scam.
Australians miss out on $300 million tax refund each year because we’re not filling out our tax returns properly, according to research from H&R Block.