Online’side hustles’ are subject to tax.
Online side hustles can bring you income. There are many ways that individuals can make money online and receive benefits. It is often known as...
Now hiring: Tax Trainer position available.
TaxBanter is your partner. We are currently looking for a Tax Trainer. Could this be you? The role Our Tax Trainers are responsible for delivering...
An announcement from our General Manager
TaxBanter and TaxBytes merged on April 1, 2022. This has made Australia the top choice for premium, in-house training (official release available). TaxBytes, TaxBanter and TaxBanter...
Federal Budget 2022-23: Cost of Living Relief
The pre-election Budget was designed to help individuals cope with rising living costs. Australians have seen rising bills at the grocery and bowser. This problem...
The income tax and FBT consequences of COVID-19 work-related test costs
The Government passed legislation that will allow individuals to deduct COVID-19 testing expenses. This is where there is a nexus with the calculation of assessable...
First home buyers can get government assistance.
One of TaxBanter's trainers recalls April 2000. It was just a few months before she turned 20. That is when she and her sister, who...
ATO Tax Time 2022 resources are available now
Record-keeping The ATO will take 'firm action" to address taxpayers who intentionally try to increase their refunds, falsify records, or can't support their claims. This...
It is possible to deduct it. It depends
Overview Tax professionals can prepare for a flurry of client tax returns in the coming months, with Tax Time 2022 just a few weeks away....
Crypto assets — tax amendment proposed and current ATO guidance
Although cryptocurrency pricing has been somewhat of a rollercoaster ride, with recent drops in value potentially leading to substantial losses (at most on paper) for...
Tax Time ATO Focus Areas and Toolkit for Small Businesses
Income Andrew Watson, Assistant Commissioner to the Treasury, reminded small businesses that all income should be included, even earnings from side hustles. Nearly half of...