Australian Tax Office (ATO) Customer FAQ

The deadline for lodging your tax return with the Australian Tax Office (ATO) varies depending on your circumstances. For individuals...

For tax purposes, it is important to keep certain documents handy. As an individual taxpayer, you should retain records of your income,...

The tax rates for individuals in Australia vary depending on the level of income. As of the 2021-2022 financial year, the tax rates - For individuals earning up to $18,200, there is no tax payable. - For income between $18,201 and $45,000, the tax rate is 19%. - Individuals earning between $45,001 and $120,000 are taxed at a rate of 32.5%. - For incomes between $120,001 and $180,000, the tax rate is 37%. - Finally, individuals earning over $180,000 are subject to the highest tax rate of 45%. Note that these rates don't include the Medicare levy, which is an additional 2% or 2.5% for high-income earners. It's important to remember that everyone's tax obligations can vary, and it's advisable to consult with the ATO or a professional tax advisor for personalized information....

Yes, you can claim deductions for work-related expenses if the expenses were incurred while performing your job duties. However, to...

The Goods and Services Tax (GST) is a broad-based consumption tax implemented in Australia. It is a 10% tax on most goods, services, Businesses charge GST on taxable goods and services they provide, and they can also claim credits for any GST they paid on their business expenses. The net GST amount, which is calculated by subtracting the credits from the amount collected, is then remitted to the ATO through regular business activity statements. Consumers and individuals bear the actual cost of the GST as it is included in the price of goods and services they purchase. The ATO considers the GST as an efficient and transparent way to levy tax across the country while also promoting and supporting economic growth....

Yes, you generally need to pay tax on rental income in Australia. Rental income is considered as assessable income and needs to be...

Yes, non-residents are still required to lodge a tax return if they earned taxable income in Australia during the financial year. Tax...

The Medicare Levy is a tax imposed by the Australian government to fund the healthcare system called Medicare. It is levied on the...