Resources

The Data Matching Program is designed to compare information provided by taxpayers with various databases.

In Australia, when we engage a tax agent, we obtain certain benefits. But before understanding what benefits we can gain, it's essential to know who tax agents are.

If the use of your vehicle is related to your work activity, the expenses incurred can be deducted in your annual tax return. There are two methods for calculating the deduction of these expenses. The only restriction in choosing the method for calculating the deduction is the limitation of 5000 km per year per vehicle (see below for a more detailed explanation)

This is a document that reports payments made to contractors and subcontractors during the fiscal year. This is a system implemented by the ATO to prevent contractors from failing to declare their income and therefore evading taxes.

It's possible to obtain a reduction or exemption from paying the Medicare levy, depending on your circumstances and those of your spouse. You should consider separately your right to a reduction or exemption.

We understand how hard you work every day and that you deserve to keep as much of your hard-earned income as possible. However, are you aware that each year you might be unnecessarily giving money away to the tax office? If you don't meticulously handle your annual tax return and claim all the deductions you're entitled to as a cleaner, you could be losing a significant amount of money.

When it comes to managing your finances, it's important to take advantage of every opportunity to minimize your tax liability. One effective way to do this is by claiming tax deductions for eligible expenses. In Australia, there are numerous expenses that can be deducted, allowing individuals and businesses to retain more of their hard-earned money. In this blog post, we will explore the most common expenses that are tax deductible in Australia, empowering you to make the most of these opportunities.

There is no fixed list of rules to determine who is and who is not a trader. To accurately determine if you are a trader, you must consider your intention in undertaking the activity and the objective facts of the activity. Even if you have determined that you are a trader, the ATO may not agree with your interpretation.