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Tax Blogs -9

June 13, 2022

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Can I claim my private superannuation contributions? The answer to this question is……. it depends. And the other question that goes with this is…. should I claim it? Contributing to super is a good idea, whether you do it as a salary sacrifice contribution or a personal contribution (after tax). So, what we are talking about here is a personal contribution (after tax).

June 13, 2022

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How does GoTax Online's process work? We have done a lot of talking in our previous blogs about GoTax Online’s epic etax system, including how you can claim tax deductions specific to your occupation and how we are directly linked to the tax office to make sure there are no surprises. But how does it all work? Let us take you through a step by step process: Step One

June 14, 2022

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Tax Deductions and WTF are they? If you haven’t completed a tax return before, you probably have no idea what a tax deduction is. During the year, you may spend some money on something for work, if eligible, this is what we call a work-related expense, in the tax world, this is known as a ‘tax deduction’. So, how does a tax deduction work? The amount spent on your

June 13, 2022

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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

June 13, 2022

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No one likes a nasty bill shock at our checkout … GoTax have affordable fixed prices for their online tax returns starting at just $10! We have done this so that anyone who needs to do their tax return, has the option to get it done, while being guided by experts, without paying an arm and a leg plus you can claim it as a tax deduction on your next tax return! Winning! So, let&

June 14, 2022

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Medicare sucks, this is why we all need to pay The Medicare levy is an additional 2% on top of your taxable income, this helps partially fund Medicare to provide Australian residents access to health care. In some cases, you may be entitled to a Medicare reduction or exemption, if you were on a low income, you may be entitled to a Medicare reduction which reduces the rate of Medicare

June 14, 2022

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How does GoTax online work? We have taken our in-office interview process and turned it into an easy to use, fun taxation experience. We have taken all of the big tax words and made the process simple, to ensure you get all the tax deductions you deserve, in what we hope will result in you getting a nice big refund! When you have your tax stuff ready, select your occupation and enter in

June 13, 2022

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Do I include my partner's income on my tax return? This is a common question we get asked all the time. Don’t worry, you don’t have to pay tax on your partner’s income, however, it is needed in case you have to pay extra Medicare Levy or pay back some of the private health insurance rebate you received during the year. These things are based on your combined annual

June 13, 2022

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What Tax Deductions Can You Claim? Getting the tax deductions you deserve is important to us… why? Because we want you to get a big best tax refund possible! So, we have designed our system to showyou the common tax deductions people within the same occupation can claim. How did we do this? GoTax has years and years of Individual taxation experience, we have interviewe

June 13, 2022

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Can you save Tax with Private Health Insurance? 2020 You may have heard from your mates that you can save tax by getting private health insurance.Well, this is correct but only in the following situations: If you are single and earn more than $90,000 If you are part of a couple or a family and earn more than $180,000​ If one of the above applies to you, then you will end u