Wage Earners Archives - Julia's Blog

The $1,000 Instant Tax Deduction

Julia Hartman — Thu, 30 Jul 2026 23:33:32 +0000

Download PDF The new section introducing this is 25-130 ITAA 1997, the wording is interesting. It specifies that you have to be an Australian resident at some time during the year and derive “assessable labour income” during the year. That term assessable labour income raised my eyebrows, I wondered if it was determined by the ...

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Utilising Your Unused Superannuation Caps

Julia Hartman — Thu, 28 May 2026 23:58:07 +0000

Download PDF Unused contributions are those left over from previous years when you and your employer did not use up your concessional contribution cap for that year. They can be used to allow you to make tax deductible superannuation contributions up to more than just your concessional contribution cap for the current year. ...

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ATO Loses on Draconian Record Keeping Requirements

Julia Hartman — Wed, 18 Mar 2026 00:05:56 +0000

Download PDF This was an appeal by the ATO to the Federal Court when they lost an ARTA case called Shaw’s Case. Where an employee long haul truck driver who was paid an allowance for travel expenses was found to have genuinely incurred travel expenses, ie he had to eat! The truck driver was ...

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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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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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