Pay Your Way: Understanding Tax

About Me

Hello, my name is Harry and this is my blog which is all about understanding the Australian tax system. Let's be honest, tax can be very boring and the Australian tax system isn't the easiest thing to understand with its many rules and regulations. When I became self-employed a couple of years ago, I didn't have a clue about how to calculate or pay tax. Thankfully, my friend put me in touch with a fantastic tax service who were able to guide me as I filled out my first tax returns. I have learnt so much about the tax system since then, that I decided to start this blog.

Latest Posts

The Importance of Tax Advice for Small Businesses

11 September 2023

As a small business owner, it's easy to overlook t …

The 3 Tax Obligations You Incur When You Invest in New Property

24 August 2020

One of the main reasons people invest in real esta …

How to Take Advantage of Tax Laws as a Non-Resident Expat

26 July 2018

If you've moved overseas to pursue a different car …

Understanding the Tender Analysis and Agreement Actions by Surveyors

21 April 2017

Quantity surveyors are very important in the tende …

Finding a new accountant after divorce

20 April 2017

If you have just gotten divorced, there are a lot …

The Importance of Tax Advice for Small Businesses

11 September 2023
Categories: , Blog

As a small business owner, it's easy to overlook tax planning. After all, you have plenty of other responsibilities to juggle between running a business and a slow turnover rate. However, tax planning should be one of the top priorities of every small business owner. By consulting experienced tax advisors, your business can tap into a multitude of benefits that foster growth and ensure success. Here are some of the key benefits of tax advice for small businesses. Read More

The 3 Tax Obligations You Incur When You Invest in New Property

24 August 2020
Categories: , Blog

One of the main reasons people invest in real estate property is tax relief. Generally, if you have invested in a property that needs upgrades, maintenance, and other expenditure, the government waives some taxes for you. These are laws that have been put in place to encourage investment in real estate property and also cushion investors from losses. However, these laws don't mean that when you invest in real estate, you smile all the way to the bank. Read More

How to Take Advantage of Tax Laws as a Non-Resident Expat

26 July 2018
Categories: , Blog

If you've moved overseas to pursue a different career opportunity or to take advantage of a more favourable tax regime, then you will need to look at all your tax obligations very carefully. This can be a difficult area to navigate, but the first thing to consider is whether you are classified as a "resident" or "non-resident" for tax purposes. From there, you can really begin to explore your solutions. Read More

Understanding the Tender Analysis and Agreement Actions by Surveyors

21 April 2017
Categories: , Blog

Quantity surveyors are very important in the tendering process. They have professional knowledge on contract and tax knowledge involved in the project to be conducted. They play a wide range of roles, one of them being tender analysis and agreement before the project begins. The analysis process must be driven towards obtaining value of the project being erected, the tax implications of tendering shares, and cutting down on costs involved. The process of tender analysis involves a series of factors. Read More

Finding a new accountant after divorce

20 April 2017
Categories: , Blog

If you have just gotten divorced, there are a lot of changes going on in your life. As many married people use the same accountant, one of the things you may want to consider is getting a different accountant. Here are some things to consider. You can stay with your current accountant Your current accountant is obliged to keep your financial dealings private, and they should not be discussing your new financial circumstances with your ex-spouse. Read More

Pay Your Way: Understanding Tax