Taxes
Working From Home Expenses
If you work from home, whether in hybrid arrangements or exclusively, you have the right to claim working-from-home expenses when filing your tax return. This covers a range of essentials such as stationery, energy costs, office equipment, and more. Eligibility to claim To be eligible for claiming...Posted:
Aug 15, 2023
Private Health Insurance Tax Offset
In Australia, maintaining good health isn't just a wise choice for your well-being – it can also impact your financial bottom line. The Private Health Insurance Tax Offset is a unique avenue that rewards individuals and families for prioritizing their healthcare needs.Posted:
Aug 11, 2023
Medicare Levy & Surcharge
The Medicare Levy is a compulsory tax in Australia that helps fund the country's public healthcare system, known as Medicare. Medicare provides essential healthcare services and benefits to Australian residents, including access to medical treatments, doctor visits, hospital care, and certain...Posted:
Aug 9, 2023
Low Income Tax Offset
The low income tax offset (LITO) is a tax offset that reduces the amount of tax you pay if you have a taxable income of less than $66,667. The amount of the LITO you can claim depends on your taxable income. In 2023, the Low Income Tax Offset gives you up to $700 back if you earn less than $37,500...Posted:
Aug 8, 2023
