Stiff ATO penalties for failure to declare crypto profits

Jun 01, 2021

Tags: Accountant Melbourne, Accountant Sydney, CGT, Chartered Accountant, Cryptocurrency, Personal tax, Shares

Those who hold cryptocurrencies, such as bitcoin, as an investment are likely to receive a “please explain” from the Australian Taxation Office if they fail to declare when they are sold at a profit.

ATO refunds: Five tips for bigger personal tax deductions

May 31, 2021

Tags: 101 Ways, Accountant Melbourne, Accountant Sydney, Chartered Accountant, Deductions, Employers, Family, Personal tax, Property, Retirement, Shares, Super, Travel

The tax man will be looking closely at deductions this year, but there are several key way Aussies can boost their refunds.

How to claim your ‘work from home’ expenses in this year’s tax return

May 30, 2021

Tags: Accountant Melbourne, Accountant Sydney, Chartered Accountant, Deductions, Employees, Employers, Family, Home Office, Personal tax

Working from home has been great for some but claiming your expenses can be confusing. Here’s one pitfall you should avoid.

Revealed: 9 types of Aussies on ATO’s hit list this year

May 27, 2021

Tags: 101 Ways, Accountant Melbourne, Accountant Sydney, Business, CGT, Chartered Accountant, Company tax, Cryptocurrency, Deductions, Employees, Employers, Home Office, Personal tax, Property, Small Business, Travel

Rental property owners, gig economy workers and people trying to claim too much in work-from-home expenses will come under the Australian Taxation Office’s spotlight this year, a tax expert has revealed.

Superannuation changes cause a July cut in take-home pay for many workers

May 25, 2021

Tags: Accountant Melbourne, Accountant Sydney, Business, Chartered Accountant, Company tax, Employees, Employers, PAYG Withholding, Personal tax, Retirement, SMSF, Super

Workers across Australia face a surprise pay cut when compulsory employer superannuation payments rise from 9.5 to 10 per cent of wages on July 1.

101 Ways to Save Money on Your Tax - Legally! 2020 - 2021

Jun 11, 2020

Tags: 101 Ways, Accountant Melbourne, Accountant Sydney, Bookkeeping, Borrowing, Budget, Business, Business Activity Statement (BAS), Cash Flow Boost, CGT, Chartered Accountant, Children, Company tax, Coronavirus, Coronavirus SME Guarantee Scheme, Coronavirus Supplement, COVID-19, Deductions, Education, Employees, Employers, Family, FBT, GST, Home Office, JobKeeper, JobSeeker, PAYG Instalments, PAYG Withholding, Pensions, Personal tax, Property, Retirement, Shares, Small Business, SMSF, Starting a Business, Super, Travel

An essential money-saving resource for every Australian who pays tax – updated for the 2020-2021 tax year and including the latest COVID-19 pandemic government relief measures.

101 Ways to Save Money on Your Tax - Legally! 2019-2020

Jun 01, 2019

Tags: 101 Ways, Accountant Melbourne, Accountant Sydney, Bookkeeping, Borrowing, Budget, Business, Business Activity Statement (BAS), CGT, Chartered Accountant, Children, Company tax, Deductions, Education, Employees, Employers, Family, FBT, Financial Planning, GST, Home Office, PAYG Instalments, PAYG Withholding, Pensions, Personal tax, Property, Retirement, Shares, Small Business, SMSF, Starting a Business, Super, Travel

An essential money-saving resource for every Australian who pays tax – fully updated for the 2019-2020 tax year.

101 Ways To Save Money on Your Tax - Legally! 2018-2019

Jun 01, 2018

Tags: 101 Ways, Accountant Melbourne, Accountant Sydney, Bookkeeping, Borrowing, Budget, Business, Business Activity Statement (BAS), CGT, Chartered Accountant, Children, Company tax, Deductions, Education, Employees, Employers, Family, FBT, Financial Planning, GST, Home Office, PAYG Instalments, PAYG Withholding, Pensions, Personal tax, Property, Retirement, Shares, Small Business, SMSF, Starting a Business, Super, Travel

The essential money-saving tax resource, updated for 2019-2020

101 Ways to Save Money on Your Tax - Legally! 2017-2018

Jun 01, 2017

Tags: 101 Ways, Accountant Melbourne, Bookkeeping, Borrowing, Budget, Business, Business Activity Statement (BAS), CGT, Chartered Accountant, Children, Company tax, Deductions, Education, Employees, Employers, Family, FBT, Financial Planning, GST, Home Office, PAYG Instalments, PAYG Withholding, Pensions, Personal tax, Property, Retirement, Shares, Small Business, SMSF, Starting a Business, Super, Travel

Mr. Taxman is back to save you even more on your 2017-2018 tax

101 Ways To Save Money On Your Tax - Legally 2016-2017

Jun 01, 2016

Tags: 101 Ways, Accountant Melbourne, Accountant Sydney, Bookkeeping, Borrowing, Budget, Business, Business Activity Statement (BAS), CGT, Chartered Accountant, Children, Company tax, Deductions, Education, Employees, Employers, Family, FBT, Financial Planning, GST, Home Office, PAYG Instalments, PAYG Withholding, Pensions, Personal tax, Property, Retirement, Shares, Small Business, SMSF, Starting a Business, Super, Travel

Mr. Taxman is back with essential money-saving tax tips for 2016-2017

comments-rhsLatest Comments

  • "Hi, my partner just purchased a new car for work purposes only. He carries bulky equipment and has been able to claim in the past. My vehicle and his old vehicle are used for personal use and the new..."

    By: Kim H at Jan 20, 2022 8:55AM

    Post: Claiming car expenses

  • "Hi, my partner just purchased a new car for work purposes only. He carries bulky equipment and has been able to claim in the past. My vehicle and his old vehicle are used for personal use and the new..."

    By: Kim H at Jan 20, 2022 8:55AM

    Post: Claiming car expenses

  • "Hi, my partner just purchased a new car for work purposes only. He carries bulky equipment and has been able to claim in the past. My vehicle and his old vehicle are used for personal use and the new..."

    By: Kim H at Jan 20, 2022 8:55AM

    Post: Claiming car expenses

  • "Hi Mr Taxman. I am starting to trade forex. I live in australia and can either choose an australian broker to use or I am keen to use an american broker. If I go with the american broker will it..."

    By: Lisa at Jan 01, 2022 3:31AM

    Post: Foreign currency trading

  • "Hi Mr Taxman. I am starting to trade forex. I live in australia and can either choose an australian broker to use or I am keen to use an american broker. If I go with the american broker will it..."

    By: Lisa at Jan 01, 2022 3:31AM

    Post: Foreign currency trading