Lodging tax returns is a regular part of the year for taxpayers. With a bit of early preparation, the process is simple and you can make sure every eligible deduction is claimed. Whether you do it yourself through myGov or...
READ MOREThe Low Income Tax Offset (LITO) is designed to provide tax relief for Australian citizens on lower incomes. It helps to reduce your taxable amount and increase your take-home pay. In 2025, LITO continues to support taxpayers by automatically applying...
READ MORETax time in Australia can creep up faster than you think. One day it feels like the new financial year just started, and before you know it, the tax return deadlines 2025 are around the corner. For most individuals and...
READ MORESelf-managed super funds (SMSF) present a strategic way to manage retirement savings. To get the best returns from this investment, you must follow all tax rules set by the ATO (Australian Taxation Office). Knowing these self-managed super fund tax rules...
READ MOREFor many Australians, establishing a self managed superfund (SMSF) is an empowering step toward financial independence. By taking control of retirement savings, trustees can directly influence investment strategies and outcomes. Filing an SMSF tax return is not just a yearly...
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