People with Disability

According to legislation introduced in 2017, If you previously plant and equipment, you are not able to do claim as a deduction who decline in value.

If the investor lives in their rental property while renovating, and if you installing any new assets which will considered as previously used.

Therefore, the investor gets risk for only tax benefits.

But on the other side, one good reason for investor is that while installing new plants and equipments assets and then rented out; you may be eligible to claim depreciation deduction from ATO. Please note that the 2017 legislation does not affect buyers of brand-new property.

Brand new property generally holds high value in market.

Structural assets includes new walls, kitchen cupboards, toilets and roof tiles are also unaffected by the legislation changes and it can be claim by owners.

For more information on online tax return 2020, Tax Return 2020, myGov 2020, myTax 2020 or any other tax related matter, please call our professional accountant on 1300 768 284 or you can email us at enquiry@taxrefundonspot.com.au

Lodging Your Tax Return Early

All taxpayers are not eligible to lodged early tax return but If you’re leaving Australia before the end of the income year (30 June), You should contact to ATO or registered agent and you may be able to lodge your tax return early.

Eligibility to lodge an early tax return

We only accept early lodgment of tax returns for individuals before the end of the income year if you are either:

  • a non-resident for tax purposes
  • if you are leaving Australia permanently
  • you will no longer get Australian-sourced income such as interest, dividend and royalty income.
  • an Australian resident for tax purposes
  • if you are leaving Australia
  • if you are ceasing to be an Australian resident for tax purposes
  • you will no longer earned Australian-sourced income such as an interest, dividend and royalty income.

Lodge your tax return during the normal lodgment period (1 July to 31 October) in case of:

  • if taxpayer are not leaving Australia permanently
  • if taxpayer will receive Australian-sourced income such as an interest, dividends and royalties after leaving Australia
  • if you have a Higher Education Loan Program (HELP) or Trade Support Loan (TSL) debt.

For more information on online tax return 2020, Tax Return 2020, myGov 2020, myTax 2020 or any other tax related matter, please call our professional accountant on 1300 768 284 or you can email us at enquiry@taxrefundonspot.com.au

Lodging Your Tax Return in 2018

You can file your income tax return form internet utilizing myTax18 – it’s a protected and secure. Visit the ATO site to discover how to stop on the web. On the off chance that you have a partner you will likewise require points of interest of their salary and costs to ensure your privileges are accurately figured.

When you have held up your expense form watch out for your myGov18 inbox for your notice of evaluation and tax receipt, to hold up on the web, you should make a myGov18 account and after that connection it to the ATO.

Lodgement should be done before the due date

On the off chance that you are lodging your own assessment form, you have until 31 October 2018 to hold up it. If you choose to utilize a registered tax agent, or are utilizing an alternate agent to a year ago, you should get in touch with them before 31 October.

If you want to use a professional to do your tax return, make sure you use a registered tax agent. You can check if the agent is registered on the tax and BAS agent register.

Whichever way you hold up your expense form, recall you oversee the cases you influence, so to ensure your derivations are true blue and you have incorporated all your wage before you or your operator stops your arrival.

For more information on Etax, myTax ATO, myGov and online tax return, please contact us at 1300 768 284 or you can email us at enquiry@taxrefundonspot.com.au

Start Tax Return with 3 Simple Steps

Have you got last payslip or PAYG summary / Group Cert from employer?
If yes, then just follow these 3 simple steps for get refund in 1 Hour
3 Simple Steps

  • Fill your details in our website
  • Accountant will email & call you. You email last Payslip / Group Cert
  • Get FREE tax refund estimate and option of 1 Hour Tax Refund

For more information on Etax, myTax ATO, myGov and online tax return, please contact us at 1300 768 284 or you can email us at enquiry@taxrefundonspot.com.au

HURRY !! FINANCIAL YEAR CLOSING SOON

Lodge your Prior Year Tax returns before it is too late

Every Taxpayer in Australia needs to Lodge his/her Income Tax return to Australian Taxation office every year. (exceptions are there)

If you have not lodged 2016 or any prior years, you must lodge ASAP to avoid penalties and Audit by ATO. ATO may impose penalty of $850 or higher for non-lodgment of return
If you are not sure which year you have missed and what was the Income in that year, we can definitely help you.

Just fill your details below and we will check your tax history and call you in next 20-30 minutes

For more information on Etax, myTax ATO, myGov and online tax return, please contact us at 1300 768 284 or you can email us at enquiry@taxrefundonspot.com.au