Tax planning is an essential aspect of financial management for individuals and businesses. It involves taking steps to minimise tax liability and maximise tax benefits, while also ensuring compliance with…
Lowering your tax bill, increasing your refund
I have been asked numerous times “what can I do to lower my tax bill”. There are various ways to do this, but it ultimately comes down to educating yourself…
Business Tax Planning Tips
We are nearing the end of financial year again. Here are some things to consider to reduce the tax bill or defer some of it to next year:
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Three Common Tax Mistakes That Australians Make
By Olivia Maragna
Tax time is a stressful period for many Australians. Even seemingly simple tax returns can escalate into a madcap scramble through personal records to make sure everything is…
Countdown to Tax Time
By: Christine Long
If your tax planning usually consists of joining a queue to buy stationery shortly before midnight on June 30, it might be time to think ahead.
Some deductions…
Companies that pay more tax deliver shareholders better returns: Research
By Kerrie Sadiq and Bronwyn McCredie
Treasurer Scott Morrison is quick to spruik the shareholder benefits of cutting corporate tax rates further, as the usual logic goes that if a corporation pays less tax,…
Top 10 Tips for First Time Lodgers
By: Steve Burnham
The ATO says that last year about half a million Australians lodged a tax return for the first time, with a similar number if not more expected to…
Top 5 Most Forgotten Tax Deductions
All of a sudden it’s tax time again. Yes, it’s 12 months since you started collating your receipts and giving your tax agent a call. Tax time can be…
In the Rush Before Tax Return Deadline, Don’t Waste Time Claiming These
With the October 31 tax lodgment deadline looming large on the horizon, many taxpayers may be scrambling to patch together a few possible tax deductions they hope to be…
Three Ways to Make Your Tax Refund Last Longer
By: Melissa Browne
More than six weeks have passed since the end of the financial year and by now many of you have completed your tax returns and are anxiously…
