Individual Tax Return Instructions for 2024 Completing your individual tax returnwith the right guidance, will ensure asmooth processand make sure you claim all the deductions you're entitled to. We've put together a guide to help you prepare and lodge your 2024 individual tax return. And remember that lodging your Tax Return online with Gotax is dead easy. Before you start, make sure yo
2024 Tax Guide for WorkersWhat I Need to Know to Do My 2024 Individual Income Tax Return: A 2024 Tax Guide for Workers As the 2024 income tax return season kicks off, it’s essential for workers to be well-prepared to maximise their refunds and stay compliant with Australian Taxation Office (ATO) regulations. Here’s a straightforward and instructional guide to help you navigate your
Tax Tips for Australian Mechanics As a mechanic, you work hard to keep vehicles running smoothly, and it's equally important to keep your finances in top shape. Understanding the tax deductions and benefits available to you can help maximise your refund. Here are some essential tax tips tailored specifically for mechanics. Contents Claim Work-Related Expenses Vehicle and Travel E
Tax Secrets for IT ProfessionalsTax Tips for IT Workers in Australia Navigating the complexities of the Australian tax system as an information technology (IT) professional can be daunting. However, with the right knowledge and strategies, you can maximise your refund and avoid common pitfalls. This guide provides essential tax tips tailored specifically for IT workers. Claim Work-Rel
Maximise Your Tax Refund with GotaxGotax: The Smartest Way to File Your Tax Returns Tax time is often met with a mix of dread and confusion. But what if we told you there’s a smarter, cheaper, and more efficient way to handle your tax returns? Enter Gotax – the game-changer in the world of tax filing in Australia. With the Gotax app’s Deduction Grabber and Phoebe, the AI tax Q
Maximise Tax Deductions for Second JobTax Impact of a Second Job: Maximise Your Refund Taking on a second job can be a great way to boost your income, but it's important to understand how it impacts your tax obligations in Australia. We'llhelp you understand the tax implications, avoid common traps, and maximise your tax return. Understanding Tax on a Second Job Tax Deductibility of
What Should I Do If I Make a Mistake on My Tax Return? Mistakes happen, even with something as important as your tax return. If you realise you've made an error in yourtax return, don't worry, you won't lose your house.There are steps to fix it. Here’s a simple guide to help you through the process. 1. Identify the Mistake First, figure out what kind of mistake you've made. Comm
Sole Trader Tax: Maximise Your Refund Being a sole trader in Australia comes with its own set of tax obligations and opportunities. Understanding the ins and outs of sole trader tax can help you maximise your refund and stay compliant with the Australian Taxation Office (ATO). Here’s a simple, instructional guide to help you navigate the process, identify traps, and make the most out of y
The Top 5 Most Missed Tax Deductions: Don’t Leave Money on the Table! Tax time can suck, and it's easy to overlook valuable deductions that could save you money. To help you out, we'll highlight the top 5 most commonly missed tax deductions,highlight some common traps and provide practical tips to maximise your deductions. Home Office Expenses Self-Education Expenses Union F
GST Registration Guide for BusinessGST Income Registration Requirements all you need to know. The Goods and Services Tax (GST) is a broad-based tax of 10% on most goods, services, and other items sold or consumed in Australia. If you're running a business, you need to understand whether you need to register for GST and what your obligations are. Here’s aguide to the GST income registratio