The 2016-2017 financial year is coming to a close, which means you need to get your taxes in order. If you own a small business, this checklist will help you to cross those t's and dot those i's.
Tagged With tax week
It's one of the more persistent myths about tax: that you need to keep records in paper form. It simply isn't true.
If you want to reduce your tax bill, you need to claim as many legitimate deductions as you can. Fortunately, the Australian Taxation Office (ATO) produces occupation-specific guides for deductions.
Every year as tax time rolls around, we have to grapple with changes to the rules. Here's what you need to know for the 2013/2014 financial year.
Submitting your taxes online is generally the fastest way to get your refund quickly. This year, you'll be able to choose from two different options: e-tax and MyTax.
Hey Lifehacker, I think that I have done my tax wrong for the past two years. I've put in claims for a computer that I believe I should have claimed less for. If I believe I buggered up, so what can I do to rectify it? What will happen if I don't fix it?
The 2013/2014 financial year is nearly over, and that means it's time once again for our annual Tax Week series of posts. The big issue to bear in mind this year? The Australian Taxation Office (ATO) will be carefully checking claims for usage of computers and phones for work purposes.
One of the reasons rental property remains a popular investment for many Australians is that it brings tax advantages. As our Tax Week 2013 coverage continues, here's a reminder of what expenses you're allowed to claim.
If you're a parent or a business owner, then this weekend is a pretty sensible time to buy a new PC if you're looking for tax savings.
Sorting out your annual tax return generally involves sorting through a messy collection of paperwork, but just how long do you need to hold onto those receipts -- and do you need paper records at all?
You've identified the deductions that go with your job, and you'll be able to use that information in the years ahead. But what changed regulations (and potential refund enhancers) will apply in 2009 when you submit your tax return?
The end of the financial year is almost upon us, so get ready for filling out your tax return by making sure you've claimed all the recognised deductions for your job.
