by Camden Professionals | May 27, 2024 | ATO, EOFY, Tax & Accounting, Tax Tips
As the end of the financial year approaches, Australians are looking for effective strategies to cut their tax bills. With the deadline looming on June 30th, it’s essential to act swiftly and strategically. Here are some last-minute tips to help you save on your tax...
by Camden Professionals | May 27, 2024 | ATO, EOFY, Property Investment, Tax & Accounting
As part of its ongoing efforts to ensure compliance and fairness within the tax system, the Australian Taxation Office (ATO) has announced its 2024 targets for rental property owners. This initiative aims to address common issues related to rental income reporting and...
by Camden Professionals | May 14, 2024 | Federal Budget 2024-2025
In the 2024-2025 Federal Budget, Treasurer Jim Chalmers has emphasised addressing the cost-of-living crisis as the government’s top priority. With inflation persisting and the economy slowing, it’s no surprise that this issue took center stage in the...
by Camden Professionals | May 9, 2024 | Loans, Mortgages
Refinancing your home loan is a strategic financial move that can provide numerous benefits, including lower interest rates, reduced monthly payments, access to equity, and more. However, it’s essential to carefully consider your individual circumstances and...
by Camden Professionals | May 9, 2024 | ATO, EOFY, Income Tax Returns, Tax & Accounting
Last year saw a significant number of tax returns riddled with errors, prompting the Australian Taxation Office (ATO) to intensify its scrutiny on three primary fronts. Come tax season, the ATO will prioritise examinations of work-related tax deductions and rental...
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