The clock is rapidly counting down for the four million Australians yet to lodge their tax return. Here's how to avoid incurring fees.
Now is the time to take steps to get your tax affairs in order and look at any last minute planning to maximise your return.
The impact that each party’s proposals will have on the hip pocket of voters will no doubt be front of mind. But what is each party actually proposing around tax and what will it mean for you?
Losing your job can be one of the most stressful life events but the blow is often softened by a decent payment. Sadly, the tax consequences of receiving such a payment can be anything but straightforward
Recent research shows that 36 per cent of the adult Australian population own investments listed on the stock market. That’s nearly 6.5 million investors, some investing as individuals and some investing through Self- Managed Super Funds (SMSFs).
With tens of thousands of Australians now offering products or services through organisations like Uber, Airbnb and Airtasker, it’s never been more important to understand how the tax laws apply to these new ways of working.
"It often isn’t enough to simply get a job overseas, hop onto the plane and tick the box on your tax return that you aren’t resident."
You’ve spent years building up your business, you’ve made it into a success but now you’re looking to take your foot of the accelerator and take it easy for a while.
Is your house too big now the kids have moved out? You should make the most of the home down-sizers superannuation contribution scheme.