ATO tax return

10 Jun, 21

The Most Popular Professional In Which You Can Claim Some Surprising Deductions

As the time for filing the return comes, you start looking for those receipts that you can use to claim the deductions. The common rule is that if you have incurred any expenses related to your job or any work expense that the employer has not reimbursed, you can claim the deduction for it. There […]

18 May, 21

Loss Carry-Back And Temporary Full Expensing Measures To Extend Up To 2023!!

The government has decided to extend both loss carry-back measures and temporary full expensing measures for another 12 months as it is likely to spur companies that continue to build the investment wave. These intuitive measures were introduced in the October budget in the last financial year, but now both measures will extend for another […]

18 May, 21

Do You Dread Filing Taxes? Not Anymore! See Here To Know More!

As a citizen of any country, it is your responsibility to file the tax; it can be painful it does come with many benefits to you only. If you are filing the tax at the end of the financial year, then you can even get the return of money from there. If you talk about […]

20 Jan, 21

Know when to file a return for Australian tax return dues

It is normal to say, that understanding or filing tax can be a tedious task and for some users, it can be confusing. It is hard enough to get a handle on the tax system that works within your country. However, if you are planning to move into Australia for your working holiday, then you […]

31 Oct, 20

Grab a $1080 tax cut by avoiding tax fines before the 31 October deadline

As per the tax cuts introduced by Josh Frydenberg, the workers in Australia will get some money in their pockets from the beginning of this month. But there are some points to consider to get the money. Due to the cash shortage of cash or any other reason if you are fined with a late […]

14 Oct, 20

How can One Lodge his Tax Return

Any tax return in Australia is for the entire year from 1 July of the last year to 30 June of the current year when you are filing your return. But this year is quite different as there is a pandemic situation going on around the world and in Australia. The people of Australia can […]

23 Sep, 20

Josh Frydenberg is about to introduce tax cuts

Josh Frydenberg has made it very clear that it is high time to introduce income tax cuts. This decision has been made by seeing the state of the Australian economy in the worst position since the time of World war 3. The GDP of Australia has fallen by 7 percent for the quarter of June. […]

23 Sep, 20

Australian Cyber Security Centre alerts Aussies over myGov tax time scam

In a time when the tax time scams are on the rise in Australia, the Australian Cyber Security Centre has alerted the Australian citizens regarding scams associated with myGov. The Australian Cyber Security Centre has taken this decision because a report from ATO mentioned that the number of SMS and email scams related to myGov. […]

31 Jul, 20

The government extends the time for early access to super due to the pandemic.

Superannuation refers to a special provision made by the Australian government to motivate people living in Australia to save funds for their post-retirement phase. It can be referred to as a pension plan or a type of employment funded pension, which is partly mandatory in Australia and enjoys tax benefits. Australia, too, hasn’t been unaffected […]

31 Jul, 20

Save yourselves from high costs by avoiding these tax return mistakes: Recommendation by the ATO.

Australian Taxation Office came up with some essential recommendations after noticing the blunders committed by many taxpayers and have paid the high cost for it. With the Covid-19 outbreak affecting the normal life and pocket adversely, the new financial year 2020-21 immediately experienced early tax return filing, application for superannuation, and many government programs. The […]