Parental Leave Pay provides eligible working parents, usually mothers with up to 18 weeks of pay at the rate of the National Minimum Wage. From 1 January 2013 the Paid Parental Leave scheme was expanded to include a new payment for dads or partners. Dad and Partner Pay will provide...

There are some documents that are mandatory for tax purpose during the end of financial year such as PAYG summaries, receipts, invoices and contracts. If you don’t have your PAYG summary, then the recent two weeks pay slips can be used to calculate the estimate for your refunds. These documents...

There are several taxes that you will incur when acquiring and owning an investment property: Income Tax You will be required to pay tax on income (rent and any other money) which you receive from your property. This may be offset however; by interest repayments on your loan as well...

Getting the tax return online has become popular and convenient way to get your cash refund. With us, you don’t need any appointment or schedule. You just need to get us your basic information and our certified and registered accountant will verify and provide estimation for free with cash refund...

Why invest in property? Investment in properties has become one of the reliable and safest way to invest your money as the property market is more stable compared to other markets and also generates fixed returns. The fixed return in sense, you will receive constant rental income and if the...

You can only claim a tax deduction for gifts or donations to organizations that have the status of deductible gift recipients (DGRs). Deductions for gifts are claimed by the person that makes the gift (the donor). For you to claim a tax deduction for a gift, it must meet four...

Tax Return 2016 The Deductions of an Investor As an investor, there are three categories of expenses which you have the luxury of deducting from your tax: 1. Acquisition and Maintenance Costs 2. We can offset expenses relating to our investment property against rental income; whether it was negatively geared...

If you realize you've made a mistake, or left something out, in the information you've given to ATO in a tax or super return or statement, you can request an amendment. You may need to correct the information you reported to ATO for a variety of reasons –because you made...