Money Tips Your Tax and Finances: Money Tips | Budget and Savings | Superannuation | Rental Income “Instant Tax Refunds” – Read This Before You Sign At tax time you often see ads for a “same day tax refund” or “instant tax refund”. It might sound appealing to get your tax refund today… But the truth is, a “same day tax refund” is not really what the name suggests. Can I Get my Tax Refund Today? Most Australians wait only 6-10 […] Claiming the tax free threshold: What you should know… The tax free threshold is a cap on how much someone can earn during the financial year before paying tax. In Australia, the first $18,200 you earn between 1 July and 30 June the next year is tax-free, regardless of which employer you earned it from. From there, you will fall into a tax bracket […] Want to raise little entrepreneurs? Start by teaching kids about money Teaching kids about money is one of the most valuable life lessons you can give them. If you’re planning on raising money smart kids, you need to start early. In fact, the earlier the better. Your child’s understanding and attitude towards money can affect them throughout their life. If they learn how to handle money responsibly, […] Save Receipts and Deductions to Fast-Track Your Next Tax Return The best way to tackle next year’s tax deductions is to save ALL your tax receipts – but that’s not always easy. Did you get to tax time this year and wonder where your other expenses have gone? It’s SO annoying when you realise you can’t claim back the hard-earned cash you spent on work-related […] 5 Smart Ways to Use Your Tax Refund We’re often asked the smartest ways to use your tax refund – so we’ve collated a quick list of tips and ideas! How to spend your tax refund to get ahead 1. Pay off your debts Probably the very smartest way to use your tax refund is to pay off any bills or credit cards. […] How to claim tax deductible donations When you give money to a charity, your gift is often a tax deductible donation Like many Australians, you might have a charity or cause that’s close to your heart. Tax deductible donations are a great way to give your tax refund a boost, while contributing to a worthy cause you care about. It really […] Work related travel expenses – what can you claim? Let’s explain how to turn work related travel expenses into dollars in your pocket at tax time. What exactly is a work-related travel expense? If you travel for work, any purchases you make related to that travel, can usually be claimed as a work related travel expense on your tax return. Of course, there are […] How to save money – 3 money saving tips to ignite your savings Not feeling the love for your savings account? With so many increases in the cost of living, many of us are feeling the pinch in our savings accounts. We regularly hear of people actually having to dip into their savings to make ends meet, or make purchases that just couldn’t be put off any longer. […] Getting Married and Taxes: What you need to know for your next tax return Marriage is an exciting and joyful time, but when it comes tax and your spouse, it’s also a source of confusion amongst taxpayers in Australia. At Etax, prospective newlyweds often ask us about the tax implications of getting married. Often, they want to know whether a joint tax return is needed when their relationship status […] Heading overseas to Work? You need our Australian expat tax guide! Traveling to work or study overseas is hugely exciting but when it comes to Australian expat tax obligations, there can be a bit of administration and paperwork that comes with the move. Read on to make your transition to working overseas easier! Australian residency and tax All Australian residents are required to lodge tax returns […] 5 Common Tax Return Mistakes The most common tax return mistakes are easily detected by the ATO The ATO works hard to find mistakes on tax returns. With more tools and access granted to them every year, it’s getting easier all the time. So, if you think you can get away with a few extra deductions or leaving off your […] Death and Taxes – What You Need to Do Any death in the family is a very difficult time for all involved. Apart from the emotional burden, there are also a range of administrative tasks that need to take place after a bereavement. This death and taxes article covers the main steps family members should take to ensure tax obligations are met. Death […] Can You Still Claim your Laptop, Handbag or Briefcase as a Tax Deduction? Yes, you can claim often claim your handbag for work as a tax deduction, as well as your other work bags. But don’t go shopping just yet! There are some important things to keep in mind. The basic rule for claiming a handbag or briefcase as a tax deduction is that it must be directly […] Pay Off Your Credit Card or Invest? What’s the Smartest Move? Is it best to pay off your credit card straight away? Or do you make more money by investing in a high-interest account or shares? When it comes to simple savings strategies, this should be one of the first questions you ask. And thankfully, we’ve got all the numbers to help you decide. Credit Card […] Part 1 – 10 Easy Ways to Pay Less Tax We asked our top tax accountants for the easiest ways to pay less tax to the ATO and keep more money in your wallet. They had a LOT of answers to help us all pay less tax. So read on it could help you save big $$$ this year Part 1: ‘How to Pay Less tax’. […] Page 1 Page 2 Page 3 Go to Next Page »