How much is our work taxed in Australia compared to other countries?

How much tax do Aussie employees pay compared to employees in other countries? We take a look at the latest OECD report – and find out how Australia compares to the OECD average. The OECD recently released its latest Taxing Wages 2022 report, and it’s interesting to see where Australia falls compared to other developed […]

Understanding the Basics of Capital Gains Tax

Want to make sure you’re not paying too much capital gains tax? Keep all your asset records to make tax calculations easy. A capital gain (or loss) occurs when an asset is sold. The difference between the purchase price and the sale price is the gain or loss. Capital gains tax (CGT) applies to money […]

Get Your Business Records Ready for Your Tax Return

Organising your end-of-financial year documents now means you can get your tax completed earlier and maximise your return. Organising your documents now will mean you can get your tax return completed earlier. You can also access any refunds due or start planning for tax payments. Getting your business records up to date and accurate will […]