How to claim laundry | 2023 GotaxCan I claim laundry expenses if my employer provides me with uniforms? If your employer provides you with a uniform, you may still be able to claim laundry expenses on your tax return. You can claim expenses for laundering and dry-cleaning of work-related clothing, including uniforms. This means that if you are required to wear a uniform to work and you are resp
Top Ten Tax Deductions | Gotax 2023 Tax deductions, the most common Here is a list of the top ten tax deductions claimed by individual taxpayers in Australia, along with a brief explanation of how to claim each deduction, optimized for SEO purposes with the keyword “Tax Returns”: Vehicle and travel expenses: Claim vehicle and travel expenses on your Tax Returns. Keep reco
Overnight Travel | 2023 GotaxOvernight Travel and Allowances: Tips and Traps for Claiming Tax Deductions in 2023 If you have to travel overnight for work, you may be eligible to claim some tax deductions for your travel expenses. And for all things tax, there are certain rules and conditions that you need to be aware of before you lodge your tax return. We've put together some tips and traps fo
Travel deductions | 2023 GotaxWork-Related Transport Expenses Deductions for 2023 If you are an employee who travels for work, you might be thinking what kind of transport expenses you can claim on your tax return. Well, the good news is that there are some deductions you can make for using your car, public transport, or even flying to different locations. But before you get too excited, there
Dividend Records | GotaxWhat records do you need for Dividends? Though most of your dividend income should prefill into your yearly tax return, you should nonetheless, retain where possible the following record keeping requirements of the ATO. What you need to provide supporting documents for yourdividends: A copy of all dividend statements from the Australian company of the dividends
Car records | 2023 GotaxClaiming Home to Work travel with Bulky Tools As a general rule you can’t claim the cost of trips between your home and your regular place of work, as this is considered a private expense. However, there are some exceptions. One of them is if you carry bulky tools or equipment that are essential for your work and there is no secure place to store them at your workp
Tax Returns Australia | Lodge with Gotax Looking to lodge a tax return in Australia. Even without intimate knowledge of the Income Tax Act you can achieve a compliant product by using the Gotax Online website. The Gotax online website will guide you through all the tricky bits and before you know it, your tax return is done and dusted. Gotax online are registered tax agents. Tax returns -
What is the Medicare Levy in Australia? What is the Medicare Levy in Australia? The Medicare Levy is a tax that is imposed by the Australian government to fund the country's public healthcare system, known as Medicare. Medicare is calculated as a percentage of your taxable income and is deducted from your wages each pay period in the same way as the taxes that are deducted. For the fin
Overtime Meal Expenses: What You Need to Know Working overtime and receiving a meal allowance from your employer, there can be a tax deduction in certain situations. The tax deduction is for the cost of the food and drink that you purchase to eat while working overtime. Like anything with the Australian Taxation Office (ATO), there are conditions that have to be met. I hope you're excited be
How to avoid tax mistakes and add a little bit more in your pocket at tax time We all make mistake, and when it comes to taxes, there’s a few more common ones that others. Mistakes cost money and awareness is the key to limiting and preventing any damages from doing the wrong thing. Consider these tips as a guiding light: Claim all your deductions: You can claim deductions for thing