As we head into the new financial year, the ATO has revealed the areas it will be paying particular attention to , when it comes to lodging your 2020/21 Tax Return. In particular, rental property deductions. The following.....
Deductions for Australian Defence Force personnel can be complicated, if you are completing a tax return without guidance from a tax specialist......
Every year you are responsible for lodging a tax return. In order to be prepared, make sure that you have all of your tax records in place. Not having the right tax records when it comes to lodge your return could cost you money. .....
On 8 April 2020, the Federal Government passed a package of Bills to give effect to the JobKeeper Scheme. The following is a broad summary of the key aspects of the payment based on the Treasurer's Legislative Instrument and updated informaion currently available on the .....
The ATO has announced a temporary short cut method to make it easier for individual taxpayers to claim deductions for running expenses incurred as a result of working from home due to the Coronavirus pandemic. The ATO will allow individuals to claim a deduction at a rate of 80 cents for each hour a.....
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