It's time to file your tax return. So you think about work-related expenses. You have to reimburse in a financial year. A tax deduction reduces the expense from your income. There are different types of tax deductions in Australia. When...
READ MORESelf-managed super funds (SMSFs) have become increasingly popular in recent years. As more and more people look for ways to take control of their retirement savings. However, with great power comes great responsibility, and SMSF trustees have several obligations to...
READ MOREReal estate investing can be intimidating. Creating trust is an approach to reducing the possible hazards associated with real estate investment. A family trust, commonly called a discretionary trust, is the most popular type among many others. Australians frequently invest...
READ MOREAre you a resident or non-resident and earning money in Australia? You need to file a tax return to declare your income. A tax return covers all your income and expenses throughout a financial year (from 1 July to 30...
READ MOREWhat are Business Activity Statements (BAS) Businesses registered for GST must prepare a business activity statement (BAS). In Australia, business owners must prepare Business Activity Statements (BAS). It is a legal requirement for businesses to submit their BAS statements to...
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