Are you over-claiming rebate on your private health insurance?
Are you claiming too much rebate on your private health insurance? Here’s how to avoid a tax liability.
Novated leases explained
Novated leases. What are they? How do they work? Find out how salary-packaging a car might be a tax-effective option for you.
Uber Drivers: Don’t be an ATO target
Are you an Uber driver? Beware the tax side effects! Uber drivers must have an ABN and be GST registered.
Federal Budget 2017: What you need to know
Find out who are the winners and losers of Federal Budget 2017.
Tax and Cyber Security: Are you prepared?
Scammers continue to target both individual and business taxpayers. So how can individuals and businesses protect themselves from online fraud and crime?
Adjusted Taxable Income: What it is and why you might need to know
If you recently have or ever plan to apply for certain tax offsets, concessions or government benefits, the basis for eligibility can be determined based on your “adjusted taxable income” (ATI).
How does HECS withholding work?
Often, I am asked by clients “Why do I pay HECS in my tax return when my employer withholds HECS and pays it for me?” The answer is quite simple and this article explains exactly what happens with the extra tax deducted from your pay.
Two or more income sources? Beware a potential Tax Trap!
Taxpayers with two more income sources in a given financial year (simultaneously, or at separate times) need to beware of a possible tax trap caused by the tax-free threshold. This article outlines how the tax trap arises and what you can do to avoid it this financial year.
Building a new home? Is it exempt from CGT?
When building a new home, is it CGT exempt? There is a concession in the CGT rules that can allow a taxpayer to treat a property as their “main residence” even though it does not yet have a habitable dwelling. Read on to learn more about this.
Get your ‘Personal Service Income’ affairs in order for 2016
It is not uncommon for professional people who provide services to set up a separate entity to run their business, be it a trust, partnership or incorporated company.