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Money Doesn’t Come Without Guidance ...

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23
May

INCOME AND DEDUCTIONS FROM INTEREST AND DIVIDEND INCOME

According to the ATO, if you earned interest, dividend or other investment income over the tax year, you might be able to claim a tax deduction for any expenses you incurred while earning that income....

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23
May

WHAT IS YOUR NOTICE OF ASSESSMENT?

Once ATO processes your tax return, you will be issued a Notice of Assessment which will show your entitlement to a refund or if you have a tax debt to pay. The notice of assessment is an itemised acc...

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23
May

COMMON TAX DEDUCTIONS FOR TRADIES

Tradies, people who do manual labour, in particular, trades. For tradies, you can claim a lot of tax deductions from your work-related expenses, which means if you had spent money for work then you ar...

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23
May

COMMON TAX DEDUCTION FOR STUDENTS

If you are a university student and if your degree and qualifications meet certain criteria, then you have the opportunity to claim some tax deductions. If your work and field of study are directly li...

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23
May

RENTAL PROPERTY EXPENSES YOU CAN CLAIM IN YOUR TAX RETUR

If you receive an income from any rental property, you can claim a variety of expenses in your tax return. You can deduct any reasonable expenses you incur to earn rental income but it has to be relat...

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