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27
Apr
  • Posted By : admin
  • Category: Income
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Exempt income

Exempt income is a non-taxable income. However, we might take into consideration the deductable tax losses of our previous income years along with the adjustable taxable income of our dependants. It m...

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27
Apr
  • Posted By : admin
  • Category: Income
  • Comments: 0

Assessable income

Assessable income is the portion of income that is subjected to tax, provided you earn enough to exceed tax-free threshold. If taxpayer has a partner, both of their incomes shall be taken into account...

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27
Apr
  • Posted By : admin
  • Category: General Tax Topic
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Common documents for individual tax return

As an individual tax payer to make the tax return process smoother you are required to have certain important documents which need to be lodged for income tax return while approaching the end of the f...

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27
Apr
  • Posted By : admin
  • Category: Income
  • Comments: 0

General role of a tax agent for individual taxpayers

Tax agents can take all of your tax burden upon their shoulder. A registered tax agent can help you to prepare and lodge tax return for you. Select your tax agent wisely for accuracy in your returns, ...

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

Who is ‘resident for tax purpose’?

Tax residency is different from immigrations and border protective terms and conditions of Australia. A person can be considered as resident for tax purpose though he is not an Australian citizen or p...

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