98fiveFM: Tax Time Tips

20 June 2019

98five FM.

Radio discussion on tips for tax time.

  • Spend only if you need the item.
  • Lodge by October 31 if you do it yourself, May 15 next year through a tax agent.
  • Deductions for home office use or working from home
    • Office equipment
    • Work-related phone calls
    • Internet access charges
    • Lighting, heating and cooling
    • Furniture repairs
    • Cleaning

Things the consider before 30 June:

  • Deductible contributions into super.
  • Government co-contribution if you’re earning less than $37,700.
  • Tax deductible donations.

Video post here