Eight Ways to Become a Better Investor

Everyone would like to become a better investor. People get into a twist trying this method and that method only to abandon them for the next new thing. There’s an easier way, and it involves following a few simple suggestions… 1. Stop watching the market and start your watching stocks Just because the market is frothy doesn’t mean your stock’s price is. Just because the market is sinking doesn’t mean…  Read more

What home office expenses am I allowed to claim now I’m working from home?

If you work part of all of your job from home, you may be able to claim a deduction for the costs incurred in running your home office in your next Tax Return. Even if the room is not set aside solely for work-related purposes.  Since the outbreak of Coronavirus in Australia, the Australian Tax Office (ATO), has announced unique rules to make it easier for people to claim deductions…  Read more

Weirdest Tax Time excuses the ATO has ever seen

The ATO have recently given examples of some of the weirdest Tax Time excuses they’ve ever received, and they’re hilarious! Read all about them below:   1. “Someone has stolen my pants”   One taxpayer claimed to have a thief break into their car and steal their pants containing all proof of purchase.   2. “I’ve got holiday brain”   As an excuse for late lodgment, one taxpayer claimed to…  Read more