If you have an associate lease arrangement with your employer, and you are the associate, how do you complete your income tax return? In this article we go step by step through the income and allowable deductions to complete your income tax return.
The financial year cycle for Australians starts from the 1st July in the previous year and ends on 30th June in the current year. When reporting to the government your financial activities you will be using transactions that were incurred during that period of time. Nobody likes to pay tax yet for some we don’t …