Loyalty Tax Paid by Taxpayers
There are some changes to access your payment summaries for 2020-2021 year so you may not receive manually payment summaries from your employer.From this year 2
Tax Returns and Investments
People have owner occupied property for their residence. Over two million Australians have at least one investment property to give on rent and earn revenue. Ma
Update your details for the year 2020-2021
Loyalty Tax refers to a tax which is paid to bank, insurance company and service provider company who provide good services. Loyalty tax does not belong to ATO
Changes to Payment summaries 2020-2021
There are many ways to change your details but you need to update details in case the change of address details might be given incorrectly.If your details have
Early release of superannuation for 2020-2021
ATO provides facilities to Australian residents due to COVID situation. ATO provides early release of superannuation to individuals who are facing financial har
Capital gains tax changes for foreign investors 2020-2021
The Australian government announced that CGT for foreign investors will not be extended for temporary and foreign residence. It means that residents are not eli
Tax Rates 2020-2021 Year (Residents)
The financial year starts from 01 July 2020 and the year will finish on 30 June 2021. The resident for tax purposes in Australia starts on 1st July 2020 and end
What’s New for individuals in COVID-19
There are some important changes applied by ATO. you should be aware of those changes before you lodge your tax return for the coming year.There are list of c
Circumstances affecting Lodgement
It is mandatory to lodge your tax return and notify ATO otherwise you will be penalised for non-lodgement or fail to do the lodgement for the financial year.➢
If Circumstances affecting Non-lodgement
There are some circumstances by ATO guidelines which will say that it is mandatory to lodged a tax return. It means that you still are ok if you are not lodging
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