What can a Teacher claim as a Tax Deduction? If you are a teacher, then just like many other teachers and professions in our wonderful Country, you will most likely spend your own personal money on work-related items. The good news is, you can claim some of these back as tax deductions on your tax return. Now don’t get too excited – first you need to remember the ATO&rsquo
What can a PT claim on their Tax Return?If you are a personal trainer, then no doubt you need to spend a bit to help get your clients into tip-top shape. The good news is, you can claim some of these back as tax deductions in your tax return. Now don’t get too excited – first, you need to remember the ATO’s 3 golden rules: You must have spent the money yourself, a
Tradies Tax Deduction - what can you claim? At Gotax, we have completed tax returns for all types of Tradies, from Plumbers to Electricians to Builders. We’ve seen them all. We know you’d rather be at the pub with your mates than doing your tax return and trust us, we want to get you back to the pub faster than you can say “Tools Down”. One question Tradies ask
What Tax Deductions Can I Claim? What Income Tax Deductions can I claim? In our previous blog, we spoke a little bit about what an income tax deduction is, in this blog, we willrun over the common tax deductions people claim. Common Tax Deductions Pens, Paper, Post It's you name it… If you have spent money on it and use it for work, keep your receipts to claim it! Motor Veh
Benefits of Lodging through GoTax Online Gotax Online - the fast and efficient way for you to lodge your tax return through our state-of-the-artetaxsystem. The team at Gotax Online have spent countless hours around the clock to provide you with the best tax preparation service that you would usually receive face-to-face in our interview rooms. We have analysed our current interview procedure
Tax Deductions for Child Care Workers If you work in child care, you know how rewarding and challenging it can be. You also know that it can be expensive to keep up with the training, equipment and clothing required for your job. Fortunately, the Australian tax system allows you to claim some of these expenses as deductions on your tax return, which can reduce your taxable income and increase y
Retail works and Tax If you work in retail you might have questions about how to handle your taxes and what expenses you can claim. Here are some pointers onhow the Australian tax system worksand some tips on maximizing your tax refund. Understanding the Income Tax System The Income tax system operates on a progressive and marginal income tax structure, meaning that the more you earn, the
Can I Claim Driving to work on my Tax? If you need to use your own personal vehicle for work, you may be able to claim the car expenses or km’s as a tax deduction on your e-tax return. While this is an exciting prospect for those who may not be aware of it, it’s quite easy to get confused by the eligibility around whether you can or can’t claim driving to and from work, and it v
Taxation and Rental Properties So, you are travelling along nicely and are looking for a place to invest some of your extra cash and to save some tax. You have probably heard that by having a rental property you can pay less tax. The term ‘negative gearing’ may have also come up. Have you heard this phrase and ever wondered what it means? Have you thought about a rental property and
Your Rental Property Settlement Statement and Tax Deductions So you've just bought a Rental Property, now the fun starts. To maximise yourrental deductions you need to get an idea of what tax deductions are available to you. As a rule of thumb do this one simple thing.. Everytime you put your hand in your pocket to pay for something in connection with your rental property, get a receipt. Simple