Article provided by Tax & Super Australia Including a car in a salary package is a popular remuneration arrangement, and doing so as part of a salary sacrifice package will often give rise the a “novated lease”. Costs in operating the vehicle can also be salary sacrificed. This is typically referred to a fully novated […]
Provided by Tax & Super Australia The ATO has issued guidance on making claims for mobile phone use as well as home phone and internet expenses. Substantiation for mobile, home phone and internet costs It says that if a client uses any of these for work purposes, they may be able to claim a deduction […]
Individual Lodgments You have until 31 October each year to lodge your tax or you have a later due date when a registered tax agent prepares your tax return. Failure to lodge on time penalty The ATO may apply a penalty for failure to lodge on time if your tax return is not lodged by the […]
