Tax return tips & the information you need
Before going over your tax return, here’s the information that will be needed, as well as tips on which deductions you can claim.
Before going over your tax return, here’s the information that will be needed, as well as tips on which deductions you can claim.
Due to the COVID-19 health crisis, more support for taxpayers comes in the form of a suspension of the indexation of tax instalments for the 2020-21 income year.
Many residential rental property owners have had their rental income affected by COVID-19, so the ATO has provided answers to some typical scenarios.
There are effective strategies you may be able to employ to make sure you pay the right amount of tax for the 2019-20 year and maximise any refund entitlement.