Exempt income not subject to tax?

Exempt income not subject to tax?

In Australia, there is certain income that is not subject to tax. It may be possible that you possess income that is not subject to tax. This means that it will not be included as part of your assessable income, however, it may be used to in other calculations for...
Getting access to your Superannuation

Getting access to your Superannuation

At some point you may find yourself thinking, “How much money do I need to retire? Can I work part-time and access super before 65?” Retirement preparation is more than having a super lump sum saved Many Australians are growing their super balances but are...
Can you boost your Superannuation?

Can you boost your Superannuation?

If you are concerned with how comfortable you would like to live beyond retirement, you may be thinking about your superannuation. Naturally, your employer will be contributing a portion of your pay toward your superannuation. The amount that is contributed is often...
Keeping Records for Tax: What do you need?

Keeping Records for Tax: What do you need?

One thing to keep in mind is your work related expenses. If your work related expenses total $300 or more, you must have written evidence to prove your claims. When you are claiming Tax, one of the most important things you need think about is keeping records for...