Information about what to do if you are having difficulty paying your tax. (more…)
Archive for the ‘Individuals’
Guide to managing your tax debt
Sunday - February 28th, 2010
Teachers – claiming work-related expenses
Sunday - February 7th, 2010A fact sheet and list of items for teachers on common work-related expenses and tax deductions (more…)
Treasury considers tax breaks for older workers
Friday - January 22nd, 2010Thursday 21 Jan 2010: ABC news reports that the Treasury Secretary Ken Henry is considering lower tax rates and benefit changes as part of the battle to persuade older Australians to stay in the work force.
Australian Tax Office warns about sham mortgage arrangements
Sunday - December 27th, 2009The Australian Tax Office has issued a taxpayer alert warning people about sham arrangements promoted as ‘mortgage management plans’ which promise (more…)
Employee share schemes – information for employees
Sunday - December 20th, 2009Changes to the tax treatment of shares and rights acquired under employee share schemes (ESS) were announced in the 2009–10 Budget and became law on 14 December 2009.
An ESS is a scheme under which shares, stapled securities, rights to shares or rights to stapled securities (ESS interests) in a company are provided to an employee or their associate in relation to the employee’s employment. (more…)
Due dates for income tax bills
Sunday - November 22nd, 2009The Tax Office is reminding people who received an income tax bill for 2008-09 that payments are due from Monday 23 November. (more…)
Working in Australia
Monday - November 9th, 2009If you are not an Australian resident, and work during your visit to Australia, (more…)
Tax refund email scam
Monday - October 12th, 2009The Tax Office is warning people about another bogus email circulating that claims to offer a refund from the Tax Office.
The email claims to be from the Australian Taxation Office, and shows a Tax Office email address as the sender.
(more…)
Introduction to capital gains tax
Monday - October 12th, 2009Capital gains tax (CGT) is the tax you pay on a capital gain. It is not a separate tax, just part of your income tax. Selling assets such as real estate, shares or managed fund investments is the most common way you make a capital gain (or capital loss). Selling assets such as real estate, shares or managed fund investments is the most common way you make a capital gain or capital loss. (more…)
Tax-smart investing: what Australians investing in overseas property need to know
Tuesday - September 8th, 2009Tips to help you be a tax-smart overseas property investor. (more…)