Checklist Articles

Australian Resident tax rates 2024–25 TAXABLE INCOME Tax (not including 2% medicare levy) $0 – $18,200 Nil $18,201 – $45,000 16 cents for each $1 over $18,200 $45,001 – $135,000 $4,288 plus 30 cents for each $1 over $45,000 $135,001 $190,000 $31,288 plus 37 cents for...

The corporate tax rate for companies are base rated entities is 25% from the 2022 and future years.  Instant write-offs: As part of the Federal Government’s Coronavirus Stimulus Package, the Instant Asset Write-Off threshold is $20,000 (GST inclusive) per asset...

On 9 May 2023, as part of the 2023–24 Budget, the Australian Government announced it will improve cash flow and reduce compliance costs for small businesses by temporarily increasing the instant asset write-off threshold to $20,000, from 1 July 2023 until 30 June...

Personal Tax Checklists & FormsChecklist - personal tax returnWorking From Home – Factsheet