Teachers

Why does the ATO pay so much attention to teachers? Every year the ATO gives special attention to certain occupations when deciding who to audit. Have you ever wondered why teachers are on the hit list every couple of years? According to the ABS there are 280,000 teachers in Australia. This makes teaching one of … Read more

Donations

In this YouTube video I’ll explain how much tax benefit you get from your tax deductions. You don’t get $100 back for every $100 of deductions – it’s actually only a percentage. Watch the video to learn: – why being reimbursed by your employer for work expenses is probably 3 times better than claiming it … Read more

Medicare Levy Surcharge

My latest You Tube video is about the medicare levy surcharge. The surcharge is a 1% penalty tax that applies to individuals who are earning medium to high incomes and do not have private hospital insurance. Insurance salesman on the TV and radio try to use this rule to get people to buy health insurance. … Read more

Useful Links

Here are some helpful tax and business resources elsewhere on the web. www.taxpayersassociation.com.au Taxpayers Australia is a not-for-profit organisation whose aim is to provide individuals, small and medium sized businesses and taxation practitioners with up-to-date, informative and understandable information about taxation – to ensure that we pay the right amount of tax, and not a … Read more

What should I bring to my tax appointment?

You can download a summary checklist of what to bring in pdf format: Client Checklist – What Should I Bring Documents to bring to your appointment Clients often ask us what documents they should have in preparation for their tax appointment. One of the simplest ways to work out what to bring is to look … Read more