Your upcoming tax calendar for May and June
As we come to the end of April, we have our final 2 months to finalise tax planning for the 2024 income year. Despite the need for tax planning, May and June are also critical months to ensure all your tax lodgments are complete to avoid any penalties. In order for you to be across […]
Understanding Tax in Retirement
Navigating the complexities of taxation in retirement is crucial for maximizing your financial well-being. In this blog, we outline what you need to know about navigating tax in retirement – from the options available to you to strategies to minimise tax.
Low-and Middle-Income Tax Offset Not Available For 2023 Tax Return
On May 9, 2023, Australian Federal Treasurer Jim Chalmers delivered the 2023-2024 Federal Budget. In this budget, there was no mention of extending the Low- and Middle-Income Earner Tax Offset beyond the 2021-2022 financial year. The Low-and Middle-Income Earner Tax Offset (LMITO) was first introduced in the 2019-2020 Federal Budget to provide a level of […]
Tax Returns: Who Needs To Lodge & When?
Navigating the tax system in Australia can be a daunting task, especially when it comes to knowing when and how to lodge your tax return. Fortunately, there are resources and professionals available to help you meet your lodgement obligations and maximise your refund.
5 Tips for Tax Time 2023
Tax time can be a stressful period for both individuals and businesses. However, with the right preparation and guidance, you can make the process smoother and more manageable. In this blog, we’ll provide 5 essential tips to help you prepare for tax time 2023 in Australia.
Work Christmas Parties, Presents…and Fringe Benefits Tax
Are you planning a work Christmas party? Gifts to give to clients and suppliers? Employee Christmas bonuses? Don’t get caught out by tricky entertainment rules – some of these may be claimed as a business expense. Talk to Agilis CA about your costs this Christmas season.
Understanding The Basics Of Tax On Superannuation
Understanding tax on super can be complicated, but Agilis CA can help with minimising your tax and making the most of super with some simple strategies. Talk to us today about getting your super sorted.
Cryptocurrency and Tax – How Does It Work In Australia?
Are you investing or considering buying cryptocurrency, like bitcoin? It’s important to explore the tax implications. Crypto transactions are on the ATO radar, and Tax and GST rules apply the same to crypto as to other forms of payment, just like bartering. Agilis CA can help with getting your crypto transaction records together […]
2022 Tax Tips For Small Businesses
This year it’s important to get your records and Tax Return correct because of the continued unusual business circumstances. Talk to Agilis CA about making tax time easy, and ensure that you’re claiming all that you can for your business.
Do You Work From Home? Here’s How To Claim Working From Home Expenses, This Tax Season
Working from home may mean you are incurring extra costs for power, internet, and other work-related expenses – so, are you claiming these expenses on your tax return? Talk to Agilis CA to help maximise your tax return.
