June 30 is rapidly approaching, which means one thing – it’s tax time again!
For many of us, putting together a tax return is just another job we try to fit into an already busy schedule. But this year there are some changes you need to know about that could save you money.
Adrian Raftery, aka Mr Taxman, explains the changes you should be aware of when lodging your tax return this year.
The offset will continue to be available for out-of-pocket medical expenses relating to disability aids, attendant or aged care until July 1, 2019.
The age limit of 70 is being abolished for those entitled to have superannuation guarantee contributions paid on their behalf.
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