2018/19 Individual Tax Return Checklist A good strategy to reduce tax payable is normally to accelerate any income tax deductions into the current income year, which will reduce overall taxable income in the current year. The tax rates for resident (adult) individual taxpayers for the 2018/19 income year are as follows: Taxable Income threshold Tax […]
A good strategy to reduce tax payable is normally to accelerate any income tax deductions into the current income year, which will reduce overall taxable income in the current year. Common claims made by individuals The following outlines common types of deductible expenses claimed by individual taxpayers, such as employees and rental property owners, plus […]
