PAYG Income Tax Withholding Variation and Investor Benefits

Most investors, in the real estate industry, bank on tax deductions and breaks to be able to make some money. However, this wait can end up causing extreme cash flow issues. As such, finding an alternative is ideal and this is where the PAYG Income Tax Withholding Variation comes in. PAYG Income Tax Withholding Variation […]

Do I Need to Declare My Partner’s Income on My Tax Return?

When you are filing your taxes, one of the most important things to consider is whether or not you need to declare your partner’s income. In Australia, there are specific rules and regulations that dictate when you are required to disclose this information. In this blog post, we will discuss these rules in detail and[…..]

Changes to Working from Home Expense Methods 2022-23

On the 3rd of November 2022, the Australian Tax Office announced some changes to the working-from-home expense methods for the 2022-23 financial year. These changes are aimed at providing more certainty to employees who are currently working remotely, as well as making it easier for employers to claim eligible expenses.  The initial draft of the[…..]

Tax Treatment of Capital Gains on various Investments: Crypto Currency, Share Trading, Managed Funds, CFD trading such as- Forex, Crude Oil etc, Sale of Rental Property ( Investment Property)

We get bombarded with questions in relation to capital gains on variousinvestments. It is surprising that although many of these investmentinstruments look similar, but their tax treatment’s may be different. Also, insome cases they may not be subject to capital gains tax but fall under theregime of business income.Due to the complexity in their nature[…..]

Teacher Tax Return and Deduction Checklist

It’s that time of year again when you have to start thinking about your taxes and what deductions you can take as a teacher. Teachers do an incredible job educating our children day in and day out, but when it comes to their own taxes, they often need a little help.  Just like other professionals,[…..]