Lots of shuffling of legal paperwork and a general air that a tax or investment scheme is “too good to be true”? It is.
It isn’t often that the taxman delivers good news but the ATO is proposing to relax some of the tax rules around the private use of work utes.
In the event we have an election sooner rather than later, here’s what the Labor party has said it will do in relation to your taxes and super.
Aussies have lost track of 6.3 million lost super accounts worth a whopping $18 billion. The good news is that it’s easier than ever to find out if you’re owed money.
The amount of information that small businesses need to report is being reduced.
Haven’t gotten around to lodging your tax return from 2016 or earlier? You’ll miss out on an extended deadline to file this year’s return.
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.