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.
The tax man will be looking closely at deductions this year, but there are several key way Aussies can boost their refunds.
Working from home has been great for some but claiming your expenses can be confusing. Here’s one pitfall you should avoid.
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.
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.

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