If you fall into this category, please call Tax Matters on 03 9416 1679. Usually once an application for a Tax File Number is made, a period of up to 28 days may lapse prior to your Tax File [...]
A mature age workers offset for the tax year in which you are to turn 55 and for and future years that you are working, may be available. The maximum offset is $500 and you may be entitled to [...]
A net medical expenses offset is available when you and your dependants have incurred out of pocket medical expenses over $1,500. Expenses can include, doctors’ fees, hospital stays and [...]
You can proceed to complete your tax return without your PAYG summary, by using a copy of your employers PAYG payment summary. The other options would be to obtain a letter from your employer [...]
The tax-free threshold can only be claimed from one employer at a time. The best suggestion would be to claim it from your main employer. This will make you pay more tax on your second job, but [...]
Yes. A tax return needs to be completed to the date of death, if a tax return had been lodged in previous years.
You have an obligation to lodge your tax return annually. Call Tax Matters on 03 9416 1679 immediately to complete and lodge your tax returns. This must be done before the tax office commences [...]
The $900 is not taxable income and therefore will not need to be declared on your tax return.
From January 1, 2005 the Higher Education Loan Programme (HELP) was introduced, replacing the Higher Education Contribution Scheme (HECS). HELP comprises of the following three schemes: HECS-HELP [...]
When you spend money to directly help you earn your income, you may be entitled to claim that cost as a tax deduction. Tax deductions reduce the amount of income you have to pay income on. [...]
Designed and Developed by 