According to the Australian Taxation Office, the "adjusted taxable income" refers to the total of the following amounts: taxable income adjusted fringe benefits tax-free pensions or benefits income from overseas…
If your child is both employed and pursuing higher education at a university or TAFE, they may be eligible to deduct certain expenses, provided there is a significant link between…
To qualify for this tax offset, you need to meet the following conditions: You must contribute to the maintenance of one of the following individuals: Your spouse Your parent (or…
If you're single or both you and your spouse fall under the highest tax brackets, you may want to consider establishing an investment company. This type of company is subject to a flat tax rate of…
If you're looking to maximise your tax refund or minimise your tax payable, there are a few key strategies that you can employ. One effective approach is to place all of your investments under…
When determining eligibility for benefits from the Family Assistance Office such as childcare rebates and family tax benefits, the total income of married couples is taken into consideration. Additionally, if the couple earns a combined…
Starting from 1st July 2009, individuals who are in same-sex relationships are granted equal treatment to heterosexual couples in terms of tax. The Australian Taxation Office has specified certain tax benefits that are now available to same-sex couples such as…
Introduction The holidays are not the only time to show appreciation to your employees or subordinates. You should always appreciate them especially when they have displayed exceptional performances. Available…
Introduction Transforming your passion into a business that constantly generates income can be overwhelming for the average person. But with the right knowledge and steps taken you will be…
Introduction Customer loyalty is a big issue as far as the business world is concerned. It is one thing to earn a customer and another thing to keep the…
