Low income earners may need to lodge If your taxable income is under the tax-free threshold, there are reasons why you may still need to lodge an income tax return. The most common reasons are as follow: are entitled to the private health insurance rebate had pay as you go (PAYG) withheld from payments received […]

Axis Accounting would like to inform all our small Business clients, that The Australian Taxation Office (ATO) is conducting seminars via webinar. Webinars are online seminars that allow you to participate in seminars from the convenience of your home, or wherever you can access a suitable computer. We encourage all our clients who are operating […]

Happy Financial Year! Here you have an overview of the 2013 tax changes; There have been many changes introduced from 1 July 2012 that will affect the individual taxpayer’s hip pocket, such as the  following: 1. The Private Health Insurance Rebate (PHIR) is now means tested which could incur a debt for the taxpayer. 2.The […]