Finance
All you need to know ahead of the October 31st tax deadline
With less than two weeks until the October 31 tax deadline, our expert Mark Chapman discusses everything you need to know to avoid being fined.
Mark Chapman
18 PostsMark Chapman has over 25 years experience as a tax professional in both the UK and Australia, specialising in tax for individuals and SMEs. He is a fellow of the Institute of Chartered Accountants in England and Wales and CPA Australia and a member of the Chartered Institute of Taxation. He holds a Masters of Taxation Law with the University of New South Wales. Since 2015, Mark has been Director of Tax Communications with H&R Block Australia. He writes regularly on tax issues for numerous media outlets and presents on topical tax topics at seminars and other events. He broadcasts frequently on radio and television and writes a regular column for Money Magazine and Yahoo7 Finance. As a tax practitioner in the UK, he occupied a number of senior positions before moving to Australia in 2007 to join the Australian Taxation Office (ATO) as a senior director. He is also the author of Life and Taxes: A Look at Life Through Tax (Wolters Kluwer CCH, 2017) and the second, third and fourth editions of Australian Practical Tax Examples (Wolters Kluwer CCH, 2019, 2020 and 2021).
Accounting
The weird and wacky things you can claim on your tax return
The key to maximising that refund is to make sure you’re claiming all the deductions you’re entitled to, writes Mark Chapman
Accounting
The low- and middle-Income tax offset and how that will play into Aussie’s tax refunds this year
Here’s how to file your tax returns if you are eligible for the LMITO.
Crypto
Purchased shares or crypto? Here’s how to lodge your 2022 tax return
Here’s what you need to know about tax and cryptocurrency.
Small Business
What the government tax exemption means for SMEs
In the wake of the recent bushfires, a number of measures have been announced by government to help fire-affected small businesses, their owners and their employees to recover and rebuild – including tax exemptions and grants. Crucially, whilst many of the grants and payments on offer would normally be regarded as taxable income (meaning that […]
Finance
What can and can’t be put through as “other” expenses
By: Mark Chapman, H&R Block, Director of Tax Communications Each year, Australian taxpayers claim billions of dollars in deductions in their tax returns. Some of them, such as claims for using your car for work or the costs of work-related clothing, are quite easy to categorise and have their own box on the tax return. […]
Small Business
The financial challenges small Aussie businesses are facing
Small business is the engine room of the Australian economy and with the numbers of small businesses growing rapidly, allied to the explosion in the ‘gig’ or ‘sharing’ economy, there are thousands of Aussies confronting the challenge of getting a business off the ground for the first time. So, if you’re a budding entrepreneur, what […]
Small Business
Opportunities abound in China for Aussie SMEs but on-the-ground relationships are essential
China’s booming economy and rapidly growing middle-class present a wealth of opportunities for Australian businesses, particularly those companies able to tap into the rising demand for high quality goods and services. But many local SMEs with international expansion goals have discovered it’s not as simple as heading overseas and establishing operations. In a culture such […]
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