Monthly Archives: July 2014

Tax time checklist for you and your business

We have just started the new financial year, which means its time to complete your tax return for 2014 and at the same time ensure you are in good ‘tax shape’ for this financial year. Here is a list of … Continue reading

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Net medical expenses tax offset is being phased out

The Net medical expenses tax offset (NMETO) allows Australian residents to annually claim a tax rebate to offset out of pocket medical expenses incurred above a certain threshold. The threshold is currently set at $5,000 for 2012 -13. Net medical … Continue reading

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