tax for freelancers in Australia

Navigating Tax Implications of Freelancing: A Comprehensive Guide

As the freelance economy surges in Australia, more professionals are choosing the flexibility of self-employment over traditional 9–5 roles. But while freelancing can offer freedom, it also comes with financial responsibilities, especially when it comes to Australian taxes. Whether you’re a full-time freelancer, a side hustler, or transitioning into self-employment, understanding your tax obligations is […]

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Tax Return Audit in Australia

Tax Audit in Australia: Tips for Minimising Stress and Maximising Compliance

Want to be prepared for your upcoming tax return procedure? It pays to have an informed understanding of the process and know exactly how to reduce your risks. At Taxology, we assist our clients, from individuals to businesses, across Australia in managing and responding to ATO audits, from initial notice through to final resolution. But

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rental property upgrades

Are Your Rental Property Upgrades Immediately Deductible or Depreciable Assets?

If you are anything like me, you have had countless nights wondering about the dos and don’ts of managing and owning rental properties. One of the hardest parts, I find, is deciding whether the big-ticket upgrades are to be claimed straight away or whether they go down as assets that you can claim depreciation on

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young worker

Top Money Management Mistakes Young Workers Make—and How to Avoid Them

Joining the workforce is a milestone occasion, especially for young people entering technical professions and skilled trades. As exciting as earning a regular paycheque is, young workers will probably fall into the same old traps when it comes to spending and saving their money. Knowing how to avoid these early blunders can lay the groundwork

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freelance tax

Freelancer’s Guide to Tax Management: Tips for Independent Contractors

The freelance life is pretty good. You get to call the shots, work on projects you love, and build something truly yours. But, along with all that freedom comes a bit of responsibility—especially when it comes to your taxes. Unlike traditional employees, you don’t have an employer taking care of your PAYG (Pay As You

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Wondering about green investments in Australia?

Uncovering Financial and Environmental Gains: The Tax Benefits of Green Investments

Green investing has shifted from a niche interest to a smart strategy offering real tax benefits. Nowadays, investors and businesses in Australia can enjoy various financial incentives to maximise returns while reducing their environmental impact. So, if you want to make the most of eco-investing, it pays to understand the tax advantages that come with

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A tax advisor can help integrate tax-loss harvesting into your investment portfolio management.

Maximising Investment Returns: The Benefits of Tax-Loss Harvesting

Investing is about more than just growing wealth—it’s also about managing tax effectively. Tax-loss harvesting is one of the most effective strategies for tax optimisation, allowing investors to offset capital gains and lower their overall tax liability. It can be notably effective for those with diversified portfolios, especially when markets fluctuate. Today, we’ll explain how

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