Increase Your Tax Refund Tax Advice: 2024 Tax Return | Increase Your Tax Refund | Tax Deductions | Medicare and Health Insurance | Tax Rebates “Instant Tax Refunds” – Read This Before You Sign Instant tax return graphicAt 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 […] Actual Cost Method Young smiling man relaxing using laptop computer working and video conference meeting at home.The Actual Cost Method is one of two methods available to taxpayers to claim their work from home expenses. As opposed to the fixed cost method where you claim 67c per hour worked from home, the actual cost method involves claiming the actual cost you incurred for items like phone, internet and electricity while working […] COVID Tax Deductions (And Other Changes To Your Return) Piggybank wearing medical mask in children`s handsPiggybank wearing medical mask in children`s handsIt’s no secret that the global COVID-19 pandemic changed many aspects of our lives and now that COVID appears to be here to stay, it’s time to learn what it means for your tax return. If you’re like the millions of other Australians who’ve had their work arrangements change, it’s important you understand how your […] Ironing Out Laundry Expenses for Uniforms Claiming laundry expenses on your tax returnClaiming laundry expenses on your tax returnDo you wear a uniform to work? If it falls into any of the categories we discussed in our uniform expenses post, you can also make a claim for the cost of laundering those uniforms. The way you calculate your laundry expenses will depend on your how you clean your uniform. We’ve created the following […] How to claim tax deductible donations How to claim tax deductible charity donationsHow to claim tax deductible charity donationsWhen 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? Etax: Deduct Your Work Related Travel ExpensesEtax: Deduct Your Work Related Travel ExpensesLet’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 […] What are franked dividends and how do franking credits work? Couple finding out much their franking credits have improved their tax refund.Couple finding out much their franking credits have improved their tax refund.Approximately one-third of Australians own shares held directly in their name. It’s really quite common, and many of them receive dividends on those shares. But when it comes to how dividends are taxed, it can suddenly seem very confusing. What are the tax benefits of fully franked dividends and franking credits?   Think back to the […] How To Claim Tax Deductions Without Receipts doing tax return on a phonedoing tax return on a phoneWhat deductions can I claim without receipts? Claiming expenses without a receipt can be risky, because the ATO is watching for false claims. But in some cases it’s okay to claim tax deductions without receipts! Let’s dig into this to ensure you maximise your refund AND avoid ATO troubles. Tax deductions are the best way […] The Top 5 Forgotten Tax Deductions Forgotten tax deductionsForgotten tax deductionsNow is a great time to discuss tax deductions – especially the ones too many people miss out on We surveyed our senior accountants and asked them: What are the top 5 forgotten deductions on individual tax returns? – that is, deductions people can claim, but often forget or don’t know about. We’ve compiled the […] Tax Cuts 2019 – How do they affect your tax refund in 2020? Tax cuts 2019Tax cuts 2019Tax cuts announced for 2019 mean a lot of Australians get a little boost to their tax refund this year. Like most things at the ATO, it’s complicated. However, the main point is this: You don’t need to do anything. Can You Still Claim your Laptop, Handbag or Briefcase as a Tax Deduction? Woman holding handbag to claim as a tax deductionWoman holding handbag to claim as a tax deductionYes, 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 […] Tax Deductions for Cleaners: Will you clean up at tax time? Claim your cleaner tax deductionsClaim your cleaner tax deductionsCleaners and cleaning staff can often claim a lot of tax deductions If you’re in the cleaning business and you’re not making the most of these tax deductions for cleaners, then you might lose out on a heap of cash every year. Whatever type of cleaner you are, we understand your job can be tough!  […] Part 1 – 10 Easy Ways to Pay Less Tax How to pay less taxHow to pay less taxWe 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’. […] The key to a better tax refund: Easy record keeping Asian lady using her laptop to do her record keepingAsian lady using her laptop to do her record keepingThese simple record keeping tricks can put extra money into your tax refund The ATO’s ongoing crack down on work-related tax deduction claims means that good record keeping is more important than ever. Get in the habit of keeping records organised during the year and at tax time completing your return is SO much easier […] Tax deductions for office admin staff – How to boost your tax refund Tax deductions for office admin employeesTax deductions for office admin employeesThis one is for all the office administrators out there; the unsung heroes of EVERY business. You are the organisers, arrangers, schedulers and geniuses who bring order and process together to make everything happen how it should. Suffice it to say, without you, the office melts into chaos. (You’ve seen your boss stare blankly at […] Page 1 Page 2 Page 3 Go to Next Page »

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