Julia's Blog
By Julia Hartman
Download PDF Reserve Bank Governor Phil Lowe has told struggling homeowners to rent out a room in their home so they can afford the increased interest rates. Nice to see someone with a take home pay of over $10,000 per week can empathise with the common people, but what about the tax consequences? …
Download PDF This blog is intended to help truck drivers keep the records they need during the year to maximise their tax refund. Obviously keeping receipts for everything is the way to go but paper receipts do present problems with fading and storage. This can be avoided by using the ATO app and …
Download PDF This article is dedicated to the client who sold his rental property just before he retired rather than just after. A very frugal man who does not waste money on tax advice. For the sake of a bit over a year he paid more than $30,000 extra in tax. At times here …
Download PDF – Updated 19th May 2023 Year End Check List HECS: This is top of the list because you need to act before 1st June 2023. Each year your HECS debt and other student loans is indexed for inflation on the 1st June. This year the indexing is expected to be around 7%. …
Last Updated: 12th May 2023 Download PDF If you want to make a superannuation contribution and claim it in your 2023 tax return you best get a wriggle on. The contribution has to be safely in the superannuation fund by the 30th June. This post addresses the practicalities of making the contribution and dealing with …