Tax & ATO

You’ve just sold the investment unit you bought in 2019. The settlement’s gone through, the proceeds are sitting in your account, and for a brief moment you’re feeling pretty good. Then your partner asks, “How much of that are we going to lose to tax?” and the glow fades. If you’ve ever sold an asset … Read more

You’ve got your payslips, a shoebox of receipts, and a quiet Sunday afternoon stretching ahead. The only thing standing between you and your tax refund is the actual lodgement part — and maybe a little voice asking whether you’re allowed to do this without a tax agent. The short answer is yes, absolutely. According to … Read more

You’re still working from the same corner of the lounge room you commandeered during the pandemic, or maybe you’ve upgraded to a proper spare-room setup with a sit-stand desk and a second monitor. Either way, you know it’s costing you — electricity, internet, that office chair you finally bought when your back gave in. The … Read more

You’ve just done your tax return and the refund is… okay. Nothing special. Meanwhile, your mate Dave — who earns roughly what you do — is talking about a return nearly a grand bigger. He’s not doing anything dodgy; he’s just claiming what the ATO already says he can. According to the ATO’s own figures … Read more

Liam just got a pay bump to $100,000. He’s thrilled — until he opens his first payslip and sees nearly $23,000 gone to tax and the Medicare levy. He’d assumed he’d pay around 30% on everything, so why does his take-home look lighter than expected? If you’ve ever stared at your pay advice and wondered … Read more