Tax Return Tips and Financial Guidance Centre

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Residency Changes for New Zealand Citizens Living in Australia

Originally included in Member Newsletter 17 | 19 May 2023 from the Tax Institute. I strongly encourage any reader of this article to join the institute. In a joint media...
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Resources

Sometimes a simple Microsoft Excel spreadsheet can be more suitable than purchasing and installing complicated accounting programs, particularly with sole traders and small businesses. These spreadsheets can assist in budgeting...
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Taxation of Allowances in a Multi-Pronged Tax System

The taxation of meal and travel allowances is an area of our tax law that is often misunderstood and inconsistently applied. For practitioners who do not frequent this area of...
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Buying Property in a Self-Managed Super Fund: A Comprehensive Guide

Self-Managed Super Funds (SMSFs) offer Australians a powerful vehicle for growing retirement savings with more control and flexibility than traditional superannuation funds. One of the more popular strategies among SMSF...
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Do I Need to Lodge a Tax Return?

Each year, many Australians ask the same question as tax time approaches: Do I need to lodge a tax return? The answer depends on your individual circumstances, including your income level, age,...
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Top Small Business Accounting Software in Australia: A 2025 Ranking by Popularity

For small businesses in Australia, choosing the right accounting software can significantly influence day-to-day operations, financial accuracy, and long-term scalability. The Australian Taxation Office (ATO) encourages digital record-keeping and Single...
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Key Australian Tax Considerations for Property Developers

Property development in Australia can be highly lucrative, but it is also a complex field laden with significant tax implications. From acquiring land to selling developed lots, developers must navigate...
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Individual Tax Return Checklist

Here’s a comprehensive Individual Tax Return Checklist for an Australian taxpayer. This list covers documents and information typically required to prepare and lodge your tax return accurately for the financial year (1...
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Understanding the Tax Implications of Share Trading in Australia

Trading shares on the Australian Securities Exchange (ASX) can be a profitable activity, but it also comes with tax obligations. Whether you’re a casual investor or an active trader, it...
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