Don’t make the mistake of leaving major tax-deductible purchases to the end of the financial year – the time to act is now, experts say.
A late-June donations drive is under way and generous Australians can boost their tax refund, but traps are lurking.
The tax deductions and dodgy records to be closely watched by the Australian Taxation Office this year have been unveiled.
Income tax doesn't apply for amounts earned under $18,200, and it has been that way for nearly a decade.
The value of SMSF loans has increased by about 50% in four years, up from $41 billion in 2017 to $65.8 billion in 2021.
An essential money-saving resource for every Australian who pays tax – updated for the 2020-2021 tax year and including the latest COVID-19 pandemic government relief measures.

comments-rhsLatest Comments

  • "I have been suffering from Herpes for the past 1 years and 8 months, and ever since then i have been taking series of treatment but there was no improvement until i came across testimonies of Dr..."

    By: sonshine jojo at Apr 24, 2025 12:49AM

    Post: START OF FINANCIAL YEAR TAX PLANNING 2021/22

  • "I want to say a very big thanks to this almighty man, the real powerful spell caster who is not fake like others. He help me win Cash4Life Lottery on August 30,2024. I advise you to contact Dr Ughulu..."

    By: Aaron Andrews at Apr 23, 2025 5:04AM

    Post: Unusual work from home expense you can claim a tax deduction for

  • "I thought the physicians says there is no cure for HSV 2!!! I am telling you today that DR.UMA cure HSV 2 with his herbal medicine and once you get cured you are cured forever it is never reversible..."

    By: frances tony at Apr 22, 2025 11:09PM

    Post: Unusual work from home expense you can claim a tax deduction for

  • "Hello, everyone’s, my name is Maria Helena from the United kingdom and I want to use this opportunity to thank Dr Ughulu for helping me to cure my Herpes disease, it has been over 2 years now I had..."

    By: Maria Helena at Apr 21, 2025 10:06AM

    Post: Unusual work from home expense you can claim a tax deduction for

  • "Hello everyone, my name is Kiara Hahn from California. I want to share my story about a powerful spell caster named Dr. Jakuta. I was heartbroken when my fiancé left me without warning, and I spent..."

    By: KIARA at Apr 20, 2025 4:12PM

    Post: Unusual work from home expense you can claim a tax deduction for