Checklist Articles

TAXABLE INCOME Tax (not including 2% Medicare levy) $0 – $18,200 0% (tax-free threshold) $18,201 – $45,000 15% (down from 16%) $45,001 – $135,000 30% $135,001 - $180,000 37% $180,001 and over 45% These rates apply to Australian tax residents and are marginal, meaning...

The corporate tax rate for companies are base rated entities is 25% from the 2022 and future years. Work from home fixed rate: The fixed rate for work from home expenses for 2024–25 is 70c per hour. Cents per kilometre increase The cents per kilometre rate for...

From 9 May 2023, the Instant Asset Write-Off threshold is $20,000 (GST inclusive) per asset acquired. This change applies to businesses with an aggregated annual turnover of less than $10 million, where those assets are first used or installed ready for use after 1...

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