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Tax Deadline 2018 is 31 October!

tax deadline 2018

31 October 2018 is on its way.

Australian taxpayers are rushing to lodge their return by the deadline. You may be contemplating if you should hire a local tax accountant to advise you on your taxes since you’re worried if you won’t be able to do it yourself. In that case, be prepared for long waiting times and the possibility of hefty fees.

If you’re looking to lodge your return within the comfort of your own home, read on!

E-Lodge is here to make your experience easier.

Taxes can be a hassle to gather your documents, compute your taxes or even wait in line to be seen by a tax accountant; especially for tax deadline 2018. With E-Lodge, you just need to follow these easy steps to use our simple do-it-yourself online tax preparation site: Read the rest of this entry »

Should I Lodge Online or Find A Tax Accountant?

Are you looking for a tax accountant?

Many taxpayers are searching for a tax accountant near their area to lodge their tax returns. However, what would you say if you could lodge right from your bedroom?

Check out these steps on how to easily lodge your tax return online and tax tips on how to choose a tax accountant. Afterward, you can choose which option is right for you.

What about saving time? 

With E-lodge, our tax preparation services provide you with a user-friendly site, with which you can enter all the information. Unlike online tax services who you are paying for the complexity of your return, private accountants charge higher flat fees per the hour you are spending on your tax return.

On top of that, you don’t need to leave your home or can even finish your tax return on your lunch break. Here’s how to lodge your return online with us: Read the rest of this entry »

How to Lodge Your 2018 Tax Return!

lodge tax return 2018
1 July marks the start of the 2018 tax season!

Keep your eyes on your calendar!  The 2018 tax season runs from 1 July 2018 to 31 October 2018.

However, don’t get this confused with your financial year dates. In other words, you are lodging your 2018 tax return from the statements you received from 1 July 2017 to 30 June 2018.

Read on to find out how you can lodge your tax return, at your convenience.

Here’s what you need.

Read the rest of this entry »

Hobby vs Business: What is the Difference?


Everyone enjoys a good hobby.

From photography, scrap-booking, cooking or even horseback riding, each of these hobbies can turn into a business. With that in mind, when it comes time to lodge your tax return, your hobby could possibly be your business. Taxpayers get confused about whether or not they should be reporting their hobby as a business. Of course, you want to avoid being penalised if you’re not declaring income to the ATO, right?

Find out if your hobby is actually a business by reading below!

What is a hobby?

Read the rest of this entry »

Accommodation Allowances & Your Taxes

Traveling for work? Deduct your accommodation costs!

Are you missing out on your friend’s barbie to travel for work? No doubt, we know that work can be a drag if you have to travel, especially if it isn’t for vacation time. On the other hand, you could enjoy being pampered for a few days and get away from home. Luckily, whether you enjoy traveling for work or not, you can deduct most of your accommodation costs on your tax return if you are responsible for all of your up-front business trip costs.

Let’s take a look if you’re eligible to deduct these expenses and how to do it.

 

Did your employer issue you a travel allowance?

First, if your employer issues you a travel allowance for accommodations, you need to report it as income on your tax return. In other words, you do not need to declare the allowance on your taxes if:

  • The travel allowance is not on your payment summary.
  • The allowance is a deductible accommodation cost.
  • You can count meal and incidental expenses.


So, if it’s not included as income, then you can’t report it. It’s as simple as that! 

 

Follow this 6 Rule Checklist:

Read the rest of this entry »

How to Lodge a Tax Return after the Tax Deadline

Wake up and smell the coffee. You’ve missed a tax return deadline. 

It happens to the best of us! Remember the former prime minister, Paul Keating?

So now what? First, it may not be the smartest decision to keep putting it off. If you owe money to the ATO, you’ll want to lodge your late tax return before waiting for a personal invitation. That’s because once the ATO reaches out to you, your chance of being hit with a penalty fee increases.

 

How the late lodgement penalty works

If you lodge your tax return after the deadline, the penalty fees increase by $170 every 28 days. This accumulation begins 1 November. To put that into perspective for you, here is a breakdown of how quickly these fees add up:

 

# Days Past Deadline

Amount Owed in Penalty Fees *

1-28

$170
29-56

$340

57-84

$510

85-112

$680

113 and up

$850

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How To Lodge A Tax Return When You’re Married

If you’re planning to lodge an Australian tax return with your spouse in hopes to lodge jointly, think again.

The Australian tax return does not offer a joint filing status; instead, everyone lodges a tax return on their own.

Just because there’s not an option to lodge jointly with your spouse, you do have to report your spouse’s tax information when filling out your own tax return.

In fact, reporting your spouse’s information will help determine if you qualify for certain tax offsets. Thankfully, E-Lodge helps simplify this process.


Who does the ATO consider to be “a spouse”?

Most considered a spouse to be someone their legally married to. However, in the eyes of the ATO, a spouse falls into a larger category (de facto). According to the ATO, your spouse includes a person (of the same or opposite sex) who:

  • you were in a relationship with that was registered under a prescribed state or territory law

  • although not legally married to you, lived with you on a genuine domestic basis in a relationship as a couple

Read the rest of this entry »

Lodge Your Tax from a Mobile Phone or Tablet

You use your mobile phone for everything else. Why not lodge your taxes too?

Along with the rest of the world, Australians are replacing their PCs with smartphones and tablets. In fact, almost 90% of the Australian population are smartphone users and over 50% are tablet users.

There’s no need to lug around a laptop or sit at a desktop computer when instead, you can surf the web from absolutely anywhere- your couch, the laundromat, or even your favorite coffee shop. How? With E-Lodge, you can prepare your tax return right from your phone or tablet. E-Lodge is compatible with phones and tablets!

 

We have a NEW app

Keep us with you all the time now. Here are just some of the features we have to offer from our app:

  • Securely log into your account and track expenses and other tax information as you remember while on-the-go.
  • Access our tax and paycheck calculators so see if your tax withheld was accurate.
  • Contact our tax team straight from the app via your personal message board or email.
  • Prepare and submit your tax return for ATO acceptance.
  • Check the progress of your tax return.

Check us out on iTunes or Google Play to see ALL that the E-Lodge mobile app to offer!

 

Tips for Doing Taxes on a Mobile Phone or Tablet

We all know that you can do just about anything on your phone or tablet- plan a party, apply to a job, even find a date for tonight!

The question is, can you lodge your taxes on a phone or tablet? With E-Lodge you can!

Whether you have an iPhone, iPad, Samsung Galaxy S phone, a Galaxy Note, an HTC, or just about any mobile device or tablet out there, you can use E-Lodge to complete your current and prior year taxes. You can even start on your phone and complete and submit your tax return on your desktop at home.

Regardless of what type of device you’re using, here are three simple tips all phone and tablet users should keep in mind;

  1. Download our NEW app on iTunes or Google Play: Our app makes your tax life that much simpler.
  2. Use the horizontal view instead of the vertical view: Flip your device so it’s flat across rather than up and down. Rotating your phone will enhance the screen view and allow you to see more of the E-Lodge page.
  3. Double check what you’ve entered: It’s no shock that with a keyboard the size of a matchbook on your phone, it’s easy for some of us to mistype.  Double check what you’ve typed. In taxation, every number and letter matters.

 

Start Your Tax Return from you Phone Today!

Thanks to the ease of the E-Lodge application, you can lodge your taxes from absolutely anywhere within 15 minutes, as opposed to other websites such as E-Tax!

Many sites out there aren’t compatible with phones or tablets. Don’t trust our word alone- see what an E-Lodge customer had to say:

“Only tax site I was able to use on my phone.”

-Chris from Urmina Beach, NSW

Don’t bother with turning on that old PC in order to get your taxes done.  Start now from any device!

WATER SPORT

Updated 27 July, 2016

Tax Return Due Date 2015 Is 31 October

Make sure to lodge by the 31 October Tax Return Due Date

Each year, the ATO deadline for lodging on time is 31 October.

If you haven’t lodged yet, you should start the process now. Don’t procrastinate any longer.  Why? E-Lodge makes lodging easy. There’s no excuse to wait any longer.

Keep in mind, the 2015 tax return is for the financial year running from July 2014 through 30 June 2015. That means, any income you received during this time period, you’ll report on your 2015 tax return.

Not sure what you’ll need to lodge? Check out our Tax Preparation Checklist.

Read the rest of this entry »

How To Lodge an Individual Tax Return 2013

Tax season 2013 has come and gone! If you haven’t already, find out if you have to lodge, what you’ll be paying, and then do it all on E-Lodge.

It’s that time of year again! Time to lodge a tax return. For many Australians means lots of time, stress, and hair pulled out. Well no more. Thanks to E-Lodge the process couldn’t be simpler. Here’s everything you need to know about lodging your return.

How to lodge your return

You can find a copy of the 2012-2103 tax return here on the ATO website.

But honestly, why bother? Why use this complex and antiquated paper form?

When you use E-Lodge to prepare your return you don’t even have to look at a paper form. Just enter your information into E-Lodge’s easy online tax application and it will prepare your return for you automatically. Then after an accountant reviews it, we’ll lodge it electronically for you. Couldn’t be simpler. Read the rest of this entry »