Are you likely to receive a tax refund this year? And if so, have you thought how you might spend it? As tempting as it might be to use the money to go on holiday or buy that new TV, it can pay to be a bit more mindful about how you intend to spend […]

Preparing your individual tax return can be quite involved. There are multiple sections that need to be considered, such as income, deductions, gains/losses, tax offsets, and Medicare levy. One area that can cause some confusion is the deductions section. Whether you prepare your individual tax return yourself or use a registered tax agent, it’s important to get your deductions right, especially if you’re […]

The period just before the end of the financial year is a great time to take stock. It allows you not only to look at what you have achieved throughout the year, but also see whether any fine-tuning can (or should) be made. This fine-tuning may help to, for example, minimise your tax liabilities and […]