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All Things Tax and Accounting

Category: Tax Advice

Why is my 2012 Tax Refund Smaller than Normal?

Were you a little disappointed with your tax refund this year? If this is the case, then you are probably experiencing the wonder of the flood levy. Applying only to income earned in the 2011/12 year (at least that is the current plan) the levy adds between 0.5% and 1% to your normal tax rate, which… Read More Why is my 2012 Tax Refund Smaller than Normal?

September 8, 2012 Lindsay BridglandLeave a comment

Tax Agent’s Game

Well, as you can imagine, with most businesses’ earnings down and the likelihood of anyone having to pay capital gains tax diminishing into the future as taxpayers carry forward their losses, the ATO are struggling for funds. So, to solve this problem, there have been a few subtle (and some not so subtle) changes that… Read More Tax Agent’s Game

August 20, 2012September 8, 2012 Lindsay Bridgland1 Comment

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