Kids' income from part-time jobs is known as "excepted net income" and is taxed at ordinary tax rates.
tax
Showing 341 to 350 of 383 results tagged tax:
Many negatively geared property investors often find they are short of cash because rental income from their investments falls well short of the cost of owning them.
A range of conditions must be satisfied to claim the capital gains tax exemption.
Low-income earners who hope to minimise the Medicare levy's impact should research the income test thresholds.
If you are hoping to get a tax offset, it is important to understand the difference between your taxable income and adjusted taxable income (ATI).
Find out how your sharemarket gains are taxed here.
The family tax benefits have changed again this year. Be prepared at tax time.
Super is such a tax-effective investment vehicle it is easy for SMSF members to overlook the need to manage the fund's ongoing tax situation
Are you maximising your tax deductions in relation to your investing costs?
Anyone tempted to cheat on their tax, whether in this or future financial years, would be well advised to take close note of the ATO's compliance program.
