I have created this video of using E-tax to give a quick guide of the minimum items you would need to complete to prepare your tax return. I have created more detailed videos as well to explain some of the more common items in the tax return. Please read the information in the e-tax program [...]

In Part 3 of using E-tax to prepare your tax return I talk about: Tax Offsets 20% Net medical offset Private Health Offset Education Tax Offset Spouse Offset Other Items Super Co-contribution Income Tests Medicare Items Medicare Levy Surcharge

In this video I go through Part 2 of using E-tax to prepare your tax return. I go through some of the more common income and deduction categories that you are more likely to have. Income Salary Allowances Government Payments Interest Dividends Trust Income (managed fund) Personal Services Income (consultants) Business Income Rental Income Deductions [...]

Hi I have made a quick video to explain a bit about 2011 tax and the spreadsheet I have made to calculate your 2011 tax refund and maximum super co-contribution. To get access to the spreadsheet – sign up to the No money newsletter at www.nomoney.com.au/newsletter Would love to know what you think of the video [...]

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Tax tips for under 30s We get to the end of the financial year – and everybody is planning for tax again. But (of course) all the information is geared at 40plus not for young people (which is the reason I started nomoney.com.au). Tom Shearman from Regret Nothing, a site which looks to help Aussies [...]

www.nomoney.com.au Budget night and what happens afterwards Ok so Tuesday night was budget night. You’ve probably heard all the updates – but I thought you might be interested in a look at how laws are actually made in Australia. What’s the budget?? So the treasurer looks at what estimated revenue the government will have (mainly [...]

As I mentioned in my earlier article - Self Education Deduction Refund Calculations – Anstis case,   If you received Youth Allowance for any year between 2007 to 2010– the Tax Office might automatically amend your tax return and give you an extra refund. Want to know how much you will get back? Ok here is my spreadsheet [...]

www.nomoney.com.au Students – Anstis case If you received Youth Allowance for any year between 2007 to 2010– the Tax Office might automatically amend your tax return and give you an extra refund. If you are eligible you will receive a letter from the ATO telling you this (if you haven’t already). Want to know how [...]

Part 4 – Sole Traders/Entrepreneurs – how they paid less tax in the past www.nomoney.com.au How they paid less tax in the past Australia has a lot of taxes & ways of closing loopholes to make sure people pay tax. This set of articles is to highlight some of the different types of taxes that [...]