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4 weeks ago
The 2018 Federal Budget is proposing to limit testamentary trust income distribution to minors from assets solely from the deceased estate. If it is passed, from 1 July 2019 any income distributed to minors that are derived from assets “injected” from outside the deceased’s estate may lose concessional tax treatment. ... See MoreSee Less
Taxcare shared ASIC Connect's photo.
2 months ago
Free download 2018 work-related deductions checklist www.sgtax.com.au/wp-content/uploads/2018/06/EOFY-2018-deduction-checklist-1.pdf ... See MoreSee Less
Taxcare shared Australian Taxation Office's post.
3 months ago
Tim has to wear specific clothing for his job as a chef which means he can claim a deduction on his tax return ✅
You may be able to claim clothing and laundry expenses if your work clothing:
• is a compulsory uniform
• has your employer’s logo on it
• is protective, like a hi-vis vest for a construction worker, or
• is occupation-specific, like a chef’s checked pants.
Find out more: ato.gov.au/clothingandlaundry ... See MoreSee Less