G&A Editorial Team

A lot of people working in Australia on a 462 (Work and Holiday) visa assume that when tax time comes around, they'll get back a decent chunk of money - a story that circulates a lot within backpacker and working-holiday communities. In reality, because of the special tax rate that applies to this visa category, most people end up with little to no refund and some even owe extra tax. This article breaks down how the rules actually work, so your tax return doesn't come as a surprise. 1. What...

Many international students don't realise, when lodging their first tax return, that they may be entitled to an exemption from the 2% Medicare Levy - a charge most Australian taxpayers are required to pay. This article explains this entitlement and the correct process for claiming it. What is the Medicare Levy? The Medicare Levy is a compulsory charge, generally 2% of taxable income, that funds Australia's public healthcare system (Medicare) for those entitled to access it. Why might...

If you run a building, contracting, or property business in Perth, GST is one of the most complex tax obligations you'll face. Unlike standard retail or service businesses, property and construction transactions come with their own set of rules and the cost of getting them wrong can be significant. Here are the most common GST mistakes we see in the industry, and how to avoid them. 1. Assuming All Property Sales Are GST-Free One of the most common misconceptions is that all property...