Income Tax Returns - TMS Financial

What is a Notice of Assessment?

by Thomas S Phabmixay | Sep 8, 2023 | ATO, Income Tax Returns, Tax & Accounting

Home | Articles | What is a Notice of Assessment?What is an Income Tax Return?The Australian Taxation Office requires all persons, both residents and non-residents, to file their income tax returns. The tax return summarises your income and claimable expenses during...

Maximising Your Returns: Exploring the Benefits of Franked Dividends in Australia

by Thomas S Phabmixay | Jul 6, 2023 | Income Tax Returns, Investment Structures, Property Tax Accounting, Tax Planning

Home | Articles | Maximising Your Returns: Exploring the Benefits of Franked Dividends in AustraliaFranked vs unfranked dividends — When the company issuing the dividend has paid tax, the investor who holds the shares will receive a franked dividend with a franking...

Maximise Your Tax Savings and Grow Your Wealth with Strategic Tax Planning

by Eng SIVIENG | Jun 20, 2023 | Business Owners, Business Structures, Income Tax Returns, Self Managed Superannuation Funds (SMSF), Tax & Accounting, Tax Planning

Home | Articles | Maximise Your Tax Savings and Grow Your Wealth with Strategic Tax PlanningAre you looking to optimise your financial outcomes, reduce tax liabilities, and accelerate wealth growth? With the financial year-end approaching, now is the perfect time to...

7 Steps to Maximise Your Work-From-Home Tax Deductions

by Thomas S Phabmixay | May 24, 2023 | Bookkeeping, Income Tax Returns, Tax & Accounting

Home | Articles | 7 Steps to Maximise Your Work-From-Home Tax DeductionsTax time is around the corner, and I've been working from home - how can I ensure I'm claiming everything I can?" This is a question we hear a lot. And if you've found yourself asking the same...