In Australia any income earned by a job may be considered to be taxable income. Those who receive their income via the sharing economy are

It’s a simple, step-by-step process used by many Australians to increase their income. Borrow money from a financial institution, invest in a second property and

If you or someone that you know began a side business (or “side hustle”) during the last financial year, you would have to meet the

As an employee in a business, often there are perks that can come with the job. A company car, fuel money, perhaps some technology to

Individuals who partake in self-education may be able to claim a deduction for their expenses if the education is related to their work or if

Salary packaging allows you to create a ‘package’ of income and benefits. In your salary package, you can include benefits that you would usually pay

Luxury car tax or LCT is a 33% tax on cars that have a value (including GST) above the set threshold. However, the tax is

When you own a rental property, keeping records is important. These will help you meet tax obligations. Generally, only individuals with their names on the

Amounts which are not classified as income are split into 3 categories. Exempt income This is income that you do not pay tax on, although,