by admin | Dec 15, 2018 | Tax Related
The most common tax return mistakes are easily detected by the ATO. Every year they work hard to find differences in your tax return. Let’s see what are the most common mistakes when making your tax return. 1) You haven’t declare all of your income This is a big...
by admin | Dec 13, 2018 | Tax Related
A freelancer or freelance worker is a person who is self-employed, selling her work and services to her clients and is not necessarily committed to a particular employer long-term. The most common freelance jobs include writer, editer, photographer, web designer,...
by admin | Dec 6, 2018 | Tax Related
We have seen in our previous posts what expenses you can claim and what you can’t claim as a deduction for rental property. Well, having seen this, is time now to talk about important aspects you must consider for the moment you want to rent your property and claim...
by admin | Dec 3, 2018 | Tax Related
Work-related car expenses are those you incur as an employee for using a car you owned, leased or hire under a hire-purchase agreement. For tax purposes, car expenses are considered as a loss or outgoing, including operating costs and depreciation. You can claim those...
by admin | Nov 29, 2018 | Tax Related
In order to know if I am an Australian Resident for tax purposes, it is important to have clear that the ATO doesn’t use the same rules as the Department of Immigration to determine the residency, that means that someone: Can be an Australian resident for tax purposes...
by admin | Nov 29, 2018 | Tax Related
When it comes to rental property, there are a range of deductions you can claim on your investment property, as we saw in our previous post ‘Rental Property-What can you claim as a deduction?’ But beware, the ATO has a close interest in incorrect rental property tax...