Accounting & Bookkeeping Blogs From the Proactive Team

For many homeowners the question arises if they are able to claim a portion of the mortgage on their taxes. In the case that you…

Tax time – that once a year situation when you can submit a tax return form to the ATO and, hopefully, look forward to your…

When it comes to being audited, we are often asked how the ATO chooses who they do and do not audit.  There are a few…

Superannuation is an extremely complicated and misunderstood topic, especially for Trustees of Self Managed Superannuation Funds.  For most people earning wages there is an obligation…

One of the questions that a number of tax payers ask is ‘Why am I paying so much tax?” The answer is fairly straightforward. The…

Tax refund amounts can be an exciting event. While some could receive large sums others may be receiving little to no refund and possibly owe. …

The quick answer is no.  There are a number of reasons why you would not want to do this. The first one is that these…

Tax refunds vary per tax payer; some get a large sum, others small, while some people end up owing. This is all dependent upon your…

As taxpayers, there are numerous dates that should be remembered and taken into consideration when completing tax documents. It is unfortunate however, that these dates…

Reаsons Why I Сould Ве Due а Тах Rеfund Whethеr there is а refund оr not dереnds оn hоw muсh tах has bееn рaіd, bу…

Superannuation is a subject that we hear of on an almost daily basis.  The news is full of politicians and their scare tactics on changes…

The sole purpose of superannuation funds is to generate benefits for retirement or maybe some other unfortunate circumstance like premature death or total disability. The…