Money Doesn’t Come Without Guidance ...
While reporting for Sole Trading Business in the tax return The net income an individual receives from carrying on a business needs to be declared in the tax return. As per fact, sole trader declare...
Individual taxpayers who have spouses will get some tax benefits as per ATO. To get these benefits an individual taxpayer needs to disclose the income information of their partner. According to ATO a ...
Income tests provide guidance about individual’s eligibility and entitlement for a number of tax offsets, benefits, and obligations that is decided by ATO and other government organisations. &nb...
Before you submit your tax return, you need to know the common tax offsets that can be claimed. Various tax offsets and rebates apply to reduce an individual's income tax. Following are some commo...
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. ...