Did you know that most people under 75 are now able to claim a tax deduction for after-tax contributions they make into super?
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.
The end of financial year is just around the corner. Here are seven steps to getting a bigger tax refund.
Not only do ‘instant tax refunds’ take a chunk of your return, you could end up owing the ATO money.
The ATO is cracking down on work-related deductions this tax time.
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.
With the end of financial year just around the corner, here are five common mistakes to avoid when doing your tax this year.
Don’t fall victim to scammers this tax time. Learn to recognise a scam and don’t hand over your personal details or hard-earned cash, advises the ATO.