Doing your taxes? Don’t know where to start?
After the year that was 2020 and many rounds of lockdowns, you are not alone.
Here are some TAG blogs and pointers to help you.
Did you work from home this financial year?
There are several ways to claim your expenses. This blog provides a great summary of the options you have and what you can do.
https://www.tagfinancial.com.au/blog/claiming-home-office-deductions/.
What about crypto-currency?
In a year of lockdowns, many turned to crypto-currency investing. Find out the tax implications and how to treat them.
https://www.tagfinancial.com.au/blog/tax-implications-of-owning-crypto-currency/.
Did you drive a car for work this financial year?
Whilst in lockdown, most of our cars have been collecting dust in the garage. But if you purchased a motor vehicle or drove your car for work purposes, here is how to calculate your deductions.
https://www.tagfinancial.com.au/blog/3-common-questions-asked-about-motor-vehicle-deductions/.
Summary for Individuals
If you are an individual doing your taxes, here are some key considerations for your tax return this year.
https://www.tagfinancial.com.au/blog/tax-planning-for-individuals-2021/.
Summary for Businesses
If you are a business, chances are that you’ve been through a lot this financial year. Here’s a summary of what you need to consider before logging your taxes this year.
https://www.tagfinancial.com.au/blog/tax-planning-for-businesses-2021/.
If you have questions or need any assistance, please do not hesitate to contact us on 9886 0800 or via email.
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Disclaimer: The information contained is general in nature. Professional advice should be sought before acting on any aspect on this page. Financial planning services provided by TAG Financial Advisors Pty Ltd (ABN 77 154 205 017 AFSL 415632), a wholly owned subsidiary of TAG Financial Services Pty Ltd (ABN 67 075 374 686). Copyright 2021. Please do not reproduce without the expressed written consent of the author.