Tax Archives - Julia's Blog

Doctors working in Medical Centres – GST and Income Tax

Julia Hartman — Mon, 02 Feb 2026 00:05:10 +0000

Download PDF Primarily this blog is intended for recently qualified doctors and dentists starting work in a practice. Once you move on to acquiring assets and an ownership interest in the Medical Centre this will open up further opportunities for tax strategies and responsibilities. We touch on this towards the end so you can ...

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The Tax and Record Keeping Consequences of Holiday Rentals Such as Airbnb – Updated 2025

Julia Hartman — Sun, 30 Nov 2025 07:34:00 +0000

Download PDF Update – The ATO have released a draft ruling TR 2025/D1 about holiday homes that are used for both private and rental income purposes. The ruling does not allow a tax deduction for any of your ownership costs such as rates, insurance, interest, depreciation, land tax, repairs and maintenance unless the property is ...

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Record Keeping Instructions

Julia Hartman — Fri, 15 Aug 2025 03:05:38 +0000

Download PDF Good record keeping is probably the most effective tax tip going. This blog covers the record keeping requirements for cars, mobile phones and home office claims. Vehicles: In order to claim a vehicle you must “hold” the vehicle. If your employer makes the lease payments on the vehicle, your employer “holds” ...

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Finally a Breakthrough on Compromised TFNs

Julia Hartman — Mon, 23 Jun 2025 00:02:34 +0000

Download PDF With over 2 percent of the taxpayers in our group being classified by the ATO as having compromised tax file numbers (TFN), I started asking questions of the ATO. This percentage increases every year because there was no way a taxpayer could become uncompromised or obtain a new TFN. A compromised TFN ...

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With ATO interest no longer tax deductible is it worth refinancing?

Julia Hartman — Mon, 19 May 2025 06:48:15 +0000

Download PDF ATO interest charged after 1st July, 2025 will no longer be tax deductible. A measure budgeted to raise $500million over the 3 years forward estimates period. The current ATO interest rate is 11.17% for the GIC, payable when you have not paid a debt you know you owe. The SIC is 7.17%, ...

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