The ATO yesterday issued the following statement regarding delays in issuing tax refund assessments.
“I would like to reassure tax agents and the community we are doing everything we can to issue outstanding notices of assessment for 2008-09 income tax returns and I apologise for any inconvenience you have experienced.
We know some people have experienced delays [...]
On 23 March 2010 the Queensland government introduced a bill limiting access to the First Home owners Grant to properties worth less than $750,000.
The Courier Mail said “While they did not vote against the Bill, several LNP MPs criticised the decision during the debate saying it was essentially an unfair tax on success.”
On 23 March 2010 the Queensland government introduced a bill limiting access to the First Home owners Grant to properties worth less than $750,000.
The Courier Mail said “While they did not vote against the Bill, several LNP MPs criticised the decision during the debate saying it was essentially an unfair tax on success.”
According to ATO statistics over 72% of Australians use a tax agent.
It seems online tax return lodgment has also grown by 73%. Of this growth the 18-24 age group increased by 34%, while the 70-74 age group increased by just 4%.
The ATO statistics also indicate the average cost of an individual to prepare a tax [...]
Get an estimate of your tax refund with our web app. Its FREE ==> How much refund
Here are some free tips to include medical expenses in your 2010 tax return, whether you use tax pack, e-tax, online tax or a tax agent.
The Medical Expenses Must Be For:
you
your spouse – married or de facto – regardless [...]
You can see what your 2010 tax refund will be using this tool: Free Online Income Tax Calculator
When it comes to online tax returns in Australia in 2010, the Tax Office’s message is “…stay on the right side of the law.”
This was a recent sponsored add on Google posted by the Australian Taxation office. They [...]
You can see what your tax refund will be using this tool: Free Online Income Tax Calculator
Online Tax Return service – In addition to generating a FREE tax refund calculation, what ezTax does is present you with easy step-by-step instructions, detailed but simple explanations, intuitive processes, easy payment methods, supported by a comprehensive knowledge base [...]
Promoters of arrangements to access superannuation savings has attracted ATO attention.
Except in some very specific circumstances, you cannot access your super savings until you reach retirement age (which is between age 55 and 60, depending on your date of birth).
The specific circumstance in which you can access your super savings early are very limited and [...]
Your reportable super contributions are the sum of any of the following:
personal deductible contributions you may have made (Your personal deductible contributions include any personal contributions you made to a super fund for which you can claim an income tax deduction on your individual tax return)
reportable employer super contributions your employer may make for [...]
The demutualisation of AHM occured as a result of a merger with Medibank Private Ltd on 14 January 2009
If you were an eligible participating AHM member you were entitled to payment for the cancellation of your membership interest in AHM. Payment was made in stages. You would have received one or both of the following:
[...]
