Do a weekly cashflow forecast

Do a weekly cashflow forecast

During times when business is slower and unpredictable, it is essential to maintain a weekly cash flow forecast.

Be charitable

Be charitable

By donating to a registered charity you can reduce your taxable income and support a worthy cause.

Average your Income

Average your Income

Find out how to pay the right amount of tax when you income goes up and down.

Claim your home office expenses

Claim your home office expenses

 If you work from home, the ATO allows you to claim a deduction for your computer's depreciating value and internet access. Download our checklist for home office deductions.

Consider subscriptions

Consider subscriptions

Many taxpayers forget that the cost of subscribing to trade journals in fields related to their work is fully deductible.

Recoup some of your union fees

Recoup some of your union fees

If you're part of a recognised industry union, you can deduct the cost from your taxable income.

Frequently Asked Questions

When do I need to lodge my tax return?

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Do I need to register for GST?

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I have heard that self-employed people can claim the superannuation co-contribution from the government. Am I eligible because I paid money into my super this year and I run my own business?

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I am self-employed and have paid personal superannuation contributions all year. What can I claim?

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I want to contribute extra money to my superannuation account. Are there superannuation contribution limits?

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I have inherited some money. Do I need to pay inheritance tax?

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Do I have to declare income from Centrelink (Newstart, Austudy) on my tax return?

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I will be going to Europe for six months and intend to work while I am away. Will I have to pay tax in Australia on the money that I earn overseas?

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I am three years behind in lodging my tax returns. Will I get into trouble?

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I have been told that I am classified as a temporary resident of Australia. Why is this important?

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