Sold Your Shares? If you have taken advantage of the stock market and sold off some of your shares during the year, the ATO will know about it, and they’ll want to know whether you owe them any money. So, what do you need to do? You’ll need to work out your Capital Gains or Losses and declare these to the ATO. You can do these yourself, or if you’re not sure how to do them, you can request CGT calcs through our office (fees apply).
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Dodge the Medicare Levy Surcharge! The Medicare Levy Surcharge comes into play when you exceed the following income thresholds: For singles it is $90,000 and for families it is $180,000 (and increases by $1,500 after the first dependent child). How do you avoid the surcharge?
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Lodge Your Old Tax Returns for Tax Perks Hey there, Old tax returns got you feeling a little glum? If you get your returns lodged before 31 October, the ATO may give you a tax agent extension on your 2021 tax return! Which means you’ll have two big benefits:
Lodge your old tax returns from 2018 to 2020 through our online system. Have tax returns older than 2018? Email us and we can help get you up to date (In office fees apply).
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Do Your Tax Return Anywhere, Anytime & on Any Device! There are no limits when doing your tax with Gotax! Our awesome auto-save function means you can pick up where you left off with your tax return anytime you like on any device! Kick off your tax return with Gotax now! |
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