No more “fly-in-fly-out” and “drive-in-drive-out” allowances under the Zone Tax Offset Changes
People living or working in remote locations across Australia may be eligible to the receive a Zone Tax Offset. This tax concession applies to specific zones within Australia and excludes offshore oil or gas rigs. However, under the recent Zone Tax Offset Changes, the tax concession can only be applied to those who reside in remote locations for a minimum of 183 days. This means that “fly-in-fly-out” and “drive-in-drive-out” workers are can no longer receive the tax offset.
ABN & GST Small Business Tax Tips – Tax Services South Yarra
As a new or existing Small Business Owner, these ABN and GST Tax Tips could help you this Tax Season. Be informed and feel organised while doing your tax and going into the New Financial Year. These Small Business Tax Tips – tax services South Yarra could help you.
At MAS Tax South Yarra, we have answered the frequently asked questions that many Small Business Owners have about their ABN and GST tax duties.
Tax Return Tips for Uber Driver Partners
GST and Tax Return Deductions for Uber Drivers
If you are an Uber Driver Partner, it is likely that you are considered to be an independent contractor within your role. This means that you may be able to claim certain business-related deductions on your tax return this year, such as work expenses, asset deductions and GST. At MAS Tax Accountants, we have experience working with independent contractors’ tax return commitments, and can help you organise, lodge and maximise your return. We have complied a quick checklist of GST and Tax Return Deductions for Uber Drivers that you may be eligible to claim, and provide you with a hassle-free Tax Season.
Are You Ready for the Tax Season? Tax Return Tips for Uber Drivers
Everyone’s least favourite time has finally arrived – the Tax Season. For many people, Tax Time can be stressful and confusing. Usually consisting of paperwork, complex tax laws and trying to find all of those receipts from the start of the Financial Year. It is vital that your tax return includes all of your incurred income and work-related expenses, to ensure that you not only receive your entitled refund, but to avoid any costly mistakes. At MAS Tax Accountants, we can help you to manage your tax return commitments and provide a hassle-free Tax Season. Using these simple Tax Return Tips for Uber Drivers, you can feel organised and confident with your tax return lodgement.
Understanding TPAR – Taxable Payment Annual Report the Building and Construction Industry
If you are a business operating in the Building and Construction Industry, you will need to report the total payments you have made to contracting services throughout the year. This Taxable Payment Annual Report (TPAR), will need to be submitted by the 28th of August each year, and is designed to effectively manage important tax information.