How long does the ATO take to process tax returns and why?

It seems like a simple question to ask ‘How long does it take for the ATO to process tax returns?’, but the answer depends on a few key factors. As long as you have all your income and the amounts properly outlined – including no out of the ordinary deductions – there...

What do mean by Tax Return and how to get the best from yours

When the question comes up “What do you mean by tax return?”, the answer is not as simple as you might think. Firstly, a tax return is often thought to be a way to get your tax returned to you. This is an easy mistake to make. In fact, a tax return is a document that...

The Pros and Cons of lodging your tax return early

Knowing when it is best to lodge your tax return is best left to the professionals. Why? The following reasons can make a huge difference to your financial well-being. Can you lodge tax return before the end of financial year? The simplest answer is Yes – but only in...

Coronavirus impact and the support for Australian businesses

Few people could have predicted the impact of the coronavirus (or COVID-19) and the devastating consequences that it is brought upon communities throughout the world. No country has been immune to the effects of the virus and what it has meant for people’s health and...