Personal Tax

Planning for the financial future of a vulnerable loved one is one of the most important things any family can do. It is also one of the most confusing. The rules sit at the crossroads of tax law, social security, and estate planning, and the language is so dense it can feel like trying to read a textbook underwater. Get one clause wrong, or sign a deed before you have Centrelink approval, and you can permanently trap your family's wealth with none of the benefits you were ch

Australian Tax Questions Answered for EOFY Every year, the same questions land in our inbox, and a few new ones too. Rather than answer them one at a time, we've pulled together the most common questions from listeners and clients and answered them all in one place. At Aevum Accounting, we'd rather bust a myth before it costs you money than fix it after the fact. Here's what people are actually asking us this EOFY. Our Client's Experience: Ben has been my accountant for year

Non-commercial loss rules: Australian side hustle tax It seems like it should be simple. You lost money on your side business, so the ATO should help cover some of that by reducing the tax on your regular income. The logic is sound. The problem is the ATO has a specific set of rules that exist to stop exactly that from happening for most people. They're called the non-commercial loss rules, and they're designed to prevent the tax office from effectively funding hobbies, passi

The Australian Taxation Office (ATO) is no longer just picking audit targets at random. With sophisticated data-matching, they are running a digital magnifying glass over every business tax return, looking for specific "danger labels" that flag a file for closer scrutiny.

Family trusts are one of the most powerful structures in Australia for asset protection and tax planning. But like a delicate, high-performance machine, they need constant care and expert management to run correctly.

For most people, a steady paycheck is the norm. But what if you're an author who works for three years with no income and then receives a huge one-off publishing advance?

Today, we're peeking into the wallets of Australia's highest earners to reveal one specific, interesting, or surprising tax deduction they might be able to claim.

For many Australians, the idea of lodging their own tax return is terrifying. In fact, over 70% of us are intimidated by the process. But here's the secret: for most people with straightforward finances, lodging your own tax return is simpler than you think.