It's important at tax time that you know what deductions you're claiming and that they are things that can be claimed and are not in fact an elaborate tax scheme. When things sound too good to be true, they often are. Watch this video before lodging your tax and make sure you're not caught in a tax trick that could get you in trouble down the track.
I know, I know, we're a little early or UBER organised as we like to put it. Seriously, the way this year is flying by we think now is the right time to be starting to think about the end of financial year and TAX. Most businesses should have sat down with their accountants by now to do their tax planning for this financial year. Why should an individual be any different. The more organised you are the quicker you'll get your tax back. We want to make sure you're maximising your tax returns so we will be providing you with some updates over the coming months to direct you to where you can find out what you can and cannot claim.
Adriana Filipowski has a Masters in Professional Accounting, is a member of CPA and the MFAA.