Taxation +

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H&R Block Income Tax Course $269 (RRP $299, 13-Week Online or Classroom Delivery, Starting 24 Feb 2025) @ H&R Block

H&R Block Income Tax Course $269 (RRP $299, 13-Week Online or Classroom Delivery, Starting 24 Feb 2025) @ H&R Block

EARLY25

Received an email about H&R Block's Income Tax Course. They currently have an early bird offer of 10% using the code "EARLY25" which takes $30 off the RRP of $299. The course …

Employee Share Schemes (ESS) - Shares Appearing as Taxable Income

Good morning all, I received shares from my company in last financial year, and when lodging my tax return, they are appearing as income, even though I haven't sold them yet. This is causing …

Paying Too Much Tax Due to Interest Earnt

Hi, I have some saving in my account. And i am paying more tax in the last 2 years due to my salary plus interest earnt My friend suggested i buy an investment property and borrow as much as i can …

Is It Possible Claim Tax Return for WFH Setup from The Gift Cards I Purchased ?

I'm new to Australia and this is my first financial year. And I read and understand a bit about claiming tax return here. But have some questions about claiming tax return for WFH purpose …

Adjusted Taxable Income and Family Tax Benefit

Hi all. My tax return has just gone through, and my deductions this year were significant. I noticed tonight when updating my estimated family income with Centrelink that it uses "Adjusted …

poll Top Tax Bracket OzBargainers: What Do You Do to Legally Reduce Your Tax Bill?

With 96% of all OzB’ers earning over 190k, I was wondering if any of our esteemed money-baggers actively worked to reduce their tax bill, and if so, what? Novated leasing an EV seems like a pretty …

Same Pay but Net Pay Has Increased by 3.05% Per Fortnight?

Hey guys, I may be living under the rocks, so not sure what these tax cuts are. I make $116,100 annually in IT. My take home pay last pay period was $3281 but it has increased to $3381. I joined …

Claiming $4000 Gaming PC on Tax

Hi all, Has anyone been successful claiming a custom built PC on tax before? I do IT and WFH occassionally. However, let's just say that the specs of my PC "are required" to do my job …

Question about End of Year Expense Claim

Hi, am a sole trader working in tech. I purchased Apple gift cards and placed an order for a custom-build laptop through the Apple online store. The laptop has not yet been shipped, hence I do not …

Does The New Tax Rate Come This Year Tax Return? (Financial Year 2023/2024)

Hi, I just wonder if you know the new stage-3 tax cut come into effect this FY tax return? They say it is 01/07/2024 but I don’t know if it applies from that day forward or any tax return done …

Airbnb

Airbnb Land Tax Implications Question

Hi all Airbnb q If im renting out part of my home say 35% and would it be judged as a PPOR or investment in Vic for land tax purposes? If it is only rented out say 30% (not a popular area)- would it …

First Time Working - Question about Taxes

This is my first time working and paying taxes. I am a paraprofessional teacher (university student). I work 30.8 hours a fortnight week and earn $31.50 per hour. I was reading this link from the …

Claiming Mileage for Tax

Want to sound out fellow ozbargainers on this. My accountant suggested that I can’t claim any work mileage driven on tax. He says you can only claim miles if you drive to work and then drive to …

Recommendation for Software for Doing Personal Taxes

Just curious if people know any software for personal taxes that is not Xero? I recently did koinly and it is great on crypto side an And generates the number to put into returns. Would be amazing …

Capital Gains Tax & Concessional Super Contributions for Self Employed/Sole Trader

Just wondering how this all works and how its calculated. Lets say I triggered a $500k CGT event for the financial year (eligible for 50% discount) and in order to try and minimize tax, I choose to …

CRYTPO TAX Help

Hey guys only second time filing my tax return any help would be appreciated for capital gains and losses with crytpo ive seen many people use KOINLY when there is a button to generate report for …

Are ETFs Double Taxed?

Hoping this is an easy one to clear up. When you buy a an ETF unit for $100 then sell it for $150 then I expect to pay $50 as capital gains tax. However, when I received my annual statement it has …

Laptop + Tax Offset Replace Every 2 Years Vs Replace Every 6 Years

Would it be better to buy a new laptop every 2 years or better to keep laptop for 6 years. With new laptop used 100% for business my understanding is that it can be claimed as a deduction over 2 …

Super Quick Tax Question

I have never done my own tax, this year its pretty simple though. Do benefits like LMITO ( are there any others for low income earners ? ) automatically get applied? If these apply automatically I …

Tax Free Threshold with Two Jobs

Hey all, I have a question about the tax free threshold. I have a full time job that pays $115,000. I am picking up some casual work that will pay me a few thousand dollars over the next sixth …