Individual Tax Deductions
 I have provided a bit of info about each of the main types of tax deductions.
Australian tax rules are not simple – which is why a lot of Australians pay a tax agent to do their tax return (and you can claim the tax agent costs under D10 in next years return – [...]

So with the end of the financial year coming up – people start to think about tax. What expenses can I claim?
July 2011 update -Also – check out my latest tips for those working in retail, hospitality, office workers and tradies at: http://www.nomoney.com.au/taxtips
Claim what you might be entitled to
The basics
You must incur the expense in the course of [...]

If you earn A income you get B refund of your tax.
False. Your tax refund (or tax payment owing) is the net figure between Tax Payable (incl Medicare) + HELP repayment (if applicable) less any offsets and tax paid on your behalf.
For example if you had $10,000 interest income verses $10,000 employment income your refund [...]

I really don’t think young people know enough about how tax works (actually not just young people – nobody knows enough aboiut how it works).
I suppose for a lot of people it might not matter too much. A bit like how I think about my car. I just take my car to the mechanic when it [...]