Call centre operators are expected to lodge tax returns at the end of the financial year. This guide will help you with your tax return by providing information on what income to declare and what work-related deductions you can claim. In most cases, people are not sure of what incomes and allowances need to be […]
Granny flats have become quite popular in recent years as a way to generate rental income or provide extra living space for family members. Australian homeowners are increasingly finding that granny flats can provide an extra source of income, especially as property prices continue to rise. A granny flat refers to a small dwelling on[…..]
When buying and selling shares, you can either be an investor or a trader. Establishing if you are an investor or a trader for tax purposes is imperative. In most cases, trading shares and investing in shares are commonly used interchangeably. However, there are a few key differences between the two. An investor is defined[…..]
Security workers play a very important role in keeping people safe. If you work as a security worker, you are expected to lodge a tax return at the end of the financial year. There are quite a number of requirements which you are expected to meet. Additionally, there are tax deductions that you are entitled[…..]
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,[…..]
Keeping trains on the tracks and running on time is important work. But if you’re a train driver, it’s also important to make sure your taxes are in order. Annually, you are expected to file your tax return with the ATO. While most people strive to keep up with the tax deadline, there are those[…..]
Security workers play a very important role in keeping people safe. If you work as a security worker, you are expected to lodge a tax return at the end of the financial year. There are quite a number of requirements which you are expected to meet. Additionally, there are tax deductions that you are entitled[…..]
Self-education expenses are technically defined as the costs of education related to improving skills for your current employment. They can include books, supplies, equipment, and tuition fees for courses that enhance your actual work performance. In some circumstances, self-education expenses may also be deductible if they lead to a new job or business you decide[…..]
Employees in Australia may be able to deduct the cost of some training courses from their taxable income. This includes courses that are related to the employee’s current work or a future career change. In order to qualify for the deduction, the employee must have paid for the course themselves, and it must be related[…..]
The income tax rates in Australia are progressive, which means that the higher your earnings are, the higher percentage you pay. Same rules apply to construction worker. It is imperative to know the tax deductions that you are eligible for to minimise your tax bill. Let us take a look at some of the common[…..]