Blog

Money Doesn’t Come Without Guidance ...

Blog Image
27
Apr
  • Posted By : Administrative
  • Category: Income
  • Comments: 0

Tax implications on investment properties and rental property income

Investing Property Income All the profits or returns from investment usually become a part of individual’s income for tax purposes. All the expenses related to investment are tax deductible. ...

Read More

Blog Image
27
Apr
  • Posted By : admin
  • Category: Medicare
  • Comments: 0

Tax implications for having a private health insurance cover

Australia enjoys one of the best health systems in the world. Australian government has taken several initiatives to encourage its citizens to have a private health insurance.  Australian governme...

Read More

Blog Image
27
Apr
  • Posted By : admin
  • Category: Medicare
  • Comments: 0

Medicare levy

It's an amount paid by the taxpayers to help fund Medicare. It is calculated at a flat rate of 2% of a taxpayer's taxable income over a certain level. The Medicare levy low income threshold...

Read More

Blog Image
27
Apr
  • Posted By : admin
  • Category: General Tax Topic
  • Comments: 0

Tax offsets

Tax Offsets or Rebates are not same as the tax deductions. It directly reduces the tax payable. Usually, offsets cannot get us refund on their own, but can reduce our tax payable to zero. The tax offs...

Read More

Blog Image
27
Apr
  • Posted By : admin
  • Category: General Tax Topic
  • Comments: 0

Other work-related expenses

Income tax is calculated on the basis of a taxpayer’s taxable income. The taxable income is calculated by deducting allowable deductions from the taxpayer's total assessable income for the year ...

Read More

Latest Posts

Popular Post

We provide the fastest, easiest and most effective online tax return solution