Great suggestion, thank you! As we're nearing the end of the financial year, I'll definitely be releasing more videos about tax return preparation, including how to enter share information and sales in MyTax. Stay tuned! x
Thank you for video can you suggest some books which can help me get started to understand the tax code and entire law I am Chartered accountant student from India and I want to understand the tax structure of Australia so that I can help my Brother who is a citizen in Australia
Thank you for watching! A great starting point to understand Australian tax is the "Australian Master Tax Guide" by CCH Australia. It's comprehensive and regularly updated. You might also find "Tax for Australians for Dummies" useful for a more accessible overview. Additionally, the ATO (Australian Taxation Office) website has a lot of resources and guides that can help you get familiar with the tax structure here. Good luck with your studies, and I'm sure your brother will appreciate your help! 😊
What about for Australian residents that live overseas who aren’t paying tax but have rental properties in Australia and use the rent payments to cover the mortgage?
😊Hey there! Thanks for watching my video and reaching out. When you said "Australian residents", did you mean Australian Permanent Resident or Australian Tax Resident? Because even if one is a PR, it doesn't mean this person is necessarily a tax resident. The first step in understanding your tax obligation is to establish if you are an Australian Tax Resident. You can check the ATO website for this - www.ato.gov.au/individuals-and-families/coming-to-australia-or-going-overseas/your-tax-residency My goal is to provide educational content that empowers you with knowledge. While I wish I could offer advice tailored to individual situations, unfortunately, I'm not in a position to address specific personal circumstances through this channel. I am planning to release videos that could be very relevant for non-tax residents and non-PR holders, so stay tuned. Thanks again for your support! 🌟
Thank you. Can you make a video about using My Tax? Maybe deductions, simple shares etc?
Great suggestion, thank you! As we're nearing the end of the financial year, I'll definitely be releasing more videos about tax return preparation, including how to enter share information and sales in MyTax. Stay tuned! x
Thank you for video can you suggest some books which can help me get started to understand the tax code and entire law
I am Chartered accountant student from India and I want to understand the tax structure of Australia so that I can help my Brother who is a citizen in Australia
Thank you for watching! A great starting point to understand Australian tax is the "Australian Master Tax Guide" by CCH Australia. It's comprehensive and regularly updated. You might also find "Tax for Australians for Dummies" useful for a more accessible overview. Additionally, the ATO (Australian Taxation Office) website has a lot of resources and guides that can help you get familiar with the tax structure here. Good luck with your studies, and I'm sure your brother will appreciate your help! 😊
What about for Australian residents that live overseas who aren’t paying tax but have rental properties in Australia and use the rent payments to cover the mortgage?
😊Hey there! Thanks for watching my video and reaching out. When you said "Australian residents", did you mean Australian Permanent Resident or Australian Tax Resident? Because even if one is a PR, it doesn't mean this person is necessarily a tax resident. The first step in understanding your tax obligation is to establish if you are an Australian Tax Resident. You can check the ATO website for this - www.ato.gov.au/individuals-and-families/coming-to-australia-or-going-overseas/your-tax-residency
My goal is to provide educational content that empowers you with knowledge. While I wish I could offer advice tailored to individual situations, unfortunately, I'm not in a position to address specific personal circumstances through this channel. I am planning to release videos that could be very relevant for non-tax residents and non-PR holders, so stay tuned. Thanks again for your support! 🌟