Receipts are the preferred proof for claiming work-related deductions, but other forms of evidence such as bank statements can provide valid proof on your tax return. With over 35 years of combined experience, our certified public accountants and tax refund specialists have consistently helped Australians get the highest tax refund they are entitled to. So if you lose an important work-related receipt or are wondering what you can claim on tax without receipts in 2024, we put together this guide to no receipt tax deductions to help get you through tax season. Key Takeaways If your total deduc ..read more

Wondering how much do you get taxed on a second job? The answer is second job tax rates don’t exist; your tax liability will be based on your total assessable income. Taxes are confusing enough but what if you work a second job or have a side gig?If you want to lodge an accurate, timely tax return, read on to learn about how taxation works when you have more than one job. Quick Summary If you have multiple jobs, you need to add up your total income from all earning sources to lodge an accurate tax return Your tax rate on a second job depends on your total assessable income A second job can in ..read more

The tax landscape in 2024 is undergoing significant shifts, highlighted by changes like the reduction in individual income tax rates, the introduction of the OECD’s 15% global minimum tax, and the increased adoption of AI for tax compliance. Reflecting on the evolution witnessed over our years in the tax industry, from manual processes to advanced digital solutions, these tax trends represent a pivotal transformation. Encouraging efficient, equitable, and green tax practices, these changes pose both challenges and opportunities. Below, we have analysed and broken down the top 10 trends shaping ..read more

[Updated March 8, 2023] The busyness of life can make it feel as if tax season has snuck up on you. Tax time does not have to be a yearly source of anxiety. To avoid unnecessary stress and costly errors, you should prepare in advance. Follow a few simple tips from tax experts, and you can take on your taxes with confidence and save yourself as much money as possible and get a maximised tax refund.   Eight Pro Tax Tips 1. Manage Your Tax Receipts Are you familiar with the feeling of looking over your taxes and believing you are missing some crucial receipts that could help with deductions ..read more

[Updated June 16, 2023] People, who live in remote areas of Australia, can have a tax concession offset, and this is referred to as Zone Tax Offset. The purpose of this offset is to help with the high cost of living and other environmental factors associated with living in remote area. If you are entitled to claim such offset, it could considerably help you maximise your tax refund. Who is eligible? The government defines remote areas as a Zoned Area, e.g. Zone A, Zone B or Special Area, you can check on this link to the ATO page to see if you are in a Zone Area. If you live in a zoned area, y ..read more

[Updated June 16, 2023] The ATO provides facility of claiming your spouse’s rebate as well as yours in your tax return. Who is eligible for the rebate? There are three conditions mentioned to be eligible to claim this rebate. Must have a spouse on the last day of the income year which is 30th This also contains if your spouse died during the period of 2015-16 and you didn’t have another spouse before 30th June 2016. Both must be covered by same health insurance policy for the same period. Before the completion and lodgement of tax return, both must have common consent to this. If your spouse ..read more

If you live in Australia, it is important to understand the tax-free threshold to get the most out of your tax return. In this article, our tax return specialists we’ll cover what the tax-free threshold is, who is eligible for the tax-free threshold, and how to claim the tax-free threshold so you can enter the tax season with confidence. What Is the Tax-Free Threshold? For Australian residents, the first $18,200 earned each year is tax free. The Australian Taxation Office (ATO) states you can earn up to $18,200 each year without needing to pay tax on it. This is the tax-free threshold. This so ..read more

Casual work arrangements offer adaptability for both employers and employees, allowing businesses to manage varying workloads and granting workers autonomy over their schedules. But amidst the advantages, a fundamental question arises: Do casual workers end up with a higher tax bill in Australia? In this blog, our tax refund specialists delve into the intricacies of taxation, aiming to clarify the misconceptions surrounding tax responsibilities for casual workers. Do Casual Workers Pay More Tax? No, casual workers in Australia must abide by the same income tax rates as all other members of the ..read more

The question of how long it takes to receive a refund is critical for taxpayers eagerly awaiting one. Tax refund timelines vary depending on several factors, such as the country’s tax administration, the complexity of the tax return, and the accuracy of the information given. Despite the Australian Taxation Office’s efforts to expedite the return process, certain conditions may cause delays. However, there are some ways to ensure you get your tax refund sooner. How Long Does It Take for a Tax Refund to Arrive? It depends. The ATO’s processing period often takes about two weeks. However, some p ..read more

Moving closer to tax time often makes people a little tense. You want to lodge your tax return correctly. And get your refund as quickly as possible. For many Australians, this is a simple process. However, many people must pay the non-resident tax rates and find this to be challenging, especially when they are unfamiliar with Australian income tax laws. We’ve prepared a guide to help you understand the ins and outs of the non-resident tax rates and assist you in determining if you must lodge a return. What is the Non-Resident Tax Rate for 2022-2023? For the 2022-2023 tax year, the amount of i ..read more