Filing a tax return can feel like navigating a maze with no clear exit in sight. Each year, millions of Australians grapple with forms, deadlines, and deductions, leaving many feeling overwhelmed. But fear not! This article aims to demystify the process, provide expert tips, and turn your tax return experience from a daunting task into […]
Top 5 Sole Trader Insurance Policies You Need Imagine you’re a sole trader, rocking your business in comfortable pajamas, sipping coffee while devising brilliant strategies. Sounds great, right? But here’s the kicker: while you relish that freedom, you also face risks unique to operating independently. As Australia is home to over 700,000 sole traders, it’s […]
It’s a scene many of us know all too well—standing at the checkout, watching the total creep higher as your heart sinks lower. Groceries that used to fill your cart now barely fill a bag, and the electricity bill seems more like a second rent payment. As everyday expenses climb, many Australians are searching for […]
Ah, superannuation—the great Australian safety net for retirement, right? If you thought this topic was as dry as stale bread, think again! 2024 is bringing some changes to the superannuation cap that could significantly impact how you prepare for your golden years. Don’t fret; by the end of this article, you’ll be well-equipped to navigate […]
Ever been tossed into the unexpected whirlpool of redundancy? You’re not alone. Picture this: you walk into work one Monday, coffee in hand, ready to tackle your to-do list, only to find your desk empty and your job description becoming an ancient relic. Life happens, and employment can feel like a game of musical chairs—except […]
Imagine standing in front of your pantry, staring at a disorganized mess of old cereal boxes, half-used condiments, and a mix of other items that may or may not be edible anymore. Frustrating, right? Now, think about your finances in a similar state—scattered and overwhelming. Just like a cluttered kitchen can make cooking a hassle, […]
Imagine it’s October 31st, and instead of donning a Halloween costume, you’re frantically gathering receipts, wishing you’d started sooner. Yes, tax return season is upon us, and it’s crucial not to miss that deadline. Filing your tax return on time is considerably more than simply checking a box; it’s a responsibility every taxpayer must embrace. […]
Lost the receipt? Now what? What can I claim on tax without receipts? The Australian tax system can be complex, particularly when it comes to understanding the deductions that you can claim without receipt. But why worry when you have Taxly? In this blog, I’ll walk you through the deductions that can help you maximize […]