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Capital Gains Tax in Australia
If you sell things like shares, real estate, works of art, or other assets that you acquired after 19 September 1985, you may be liable to pay capital gains tax [more…]
Found in: Taxes -
Australian Tax Rates 2012–13
For resident individuals in Australia, tax is levied on worldwide income on a progressive basis, referred to as marginal tax rates. Your marginal tax rates [more…]
Found in: Taxes -
What Superannuation Means in Australia
Superannuation is a scheme to help you fund your retirement. Monies invested can’t be accessed until you satisfy a condition of release such as when you retire. Some of the Australian superannuation rules [more…]
Found in: Taxes -
Common Australian Tax Deductions for Share Investors
If you’re a share investor, to qualify for a tax deduction with respect to dividend payments, a direct and relevant connection must exist between the expenditure you incur and the dividends you receive [more…]
Found in: Taxes -
Common Tax Deductions for Australian Property Owners
If you invest in real estate in Australia, you may be eligible for tax benefits. Here are some examples of the types of expenditure that are tax deductible: [more…]
Found in: Taxes -
Tax Offsets in Australia
When figuring taxes in Australia, you can use tax offsets to reduce your tax payable. You can’t use tax offsets to reduce the Medicare levy liability.
Ordinarily, you can’t have unused tax offsets refunded [more…]
Found in: Taxes -
Tax for Australians For Dummies Cheat Sheet
Everyday Australian tax issues don’t have to be complex and difficult to understand. Coming to grips with core taxation concepts like marginal tax rates, tax offsets, capital gains tax, superannuation [more…]
Found in: Taxes







