If you've been hit with a surprise tax bill recently, or expect you might be due for one, you're certainly not alone. With the rising cost of living...

The Government's big moment in the 2025-26 Federal Budget was the personal income tax cuts. Income tax cuts are a dazzling headline but in reality...

From April 1st, the Australian Taxation Office is implementing a significant change to Business Activity Statement (BAS) reporting requirements that...

The ATO's sophisticated data-matching systems now track every dollar earned through sharing platforms like Airtasker. As tax professionals, we're...

Treasurer Jim Chalmers has just unveiled the government's third budget, marking a significant move with a $300 reduction in power bills for every...

Embarking on the journey of driving for a rideshare company or delivering food through an online app opens up exciting opportunities for income....

In the ever-evolving world of finance, there's a career path that continues to shine brightly, and that's becoming a tax professional. As we step...

Unmissable savings ahead! Discover our special partnership offer with OZ TORQUE Automotive, exclusively for our Privilege Plus members.

Construction workers often incur various expenses while carrying out their duties. The good news is that many of these expenses can be claimed as...

From car expenses to self-education, our basic checklist helps you uncover potential deductions that might have slipped under the radar. While we...

We live in an era where self-reliance is highly praised. From DIY projects to self-help books, there's a sense of accomplishment in doing things...

The ATO is about to enhance its Personal Income Tax Compliance Program, thanks to an additional $89.6 million in funding. Treasurer Jim Chalmers...

The Albanese government of Australia presented its 2023 federal budget, which included measures such as cost-of-living relief, healthcare, housing,...

As a member of the Australian Defence Force (ADF), you serve your country with honour and distinction. You may also be eligible for unique tax...

As a student, you know how tough it can be to juggle studying, work, and paying the bills. But did you know that you might be able to get some of...

As your trusted tax agent, we know that navigating the changes to the home office deduction rules can feel like trying to find your way through a...

As a landscaper in Australia, there are a few tax tips that can help you save money and avoid penalties. Here are some simple but effective tips that...

If you are an employee working as a hairdresser or barber, here are some tax tips that can help you cut through your tax obligations.

New Year's resolutions are a time-honoured tradition, and many people make financial resolutions as a way to set goals for improving their financial...

Like many industries, hospitality too can invite many ‘iffy’ scenarios where you could easily overclaim or simply forget what is a deduction and what...

Did you know that each year over two million Australians get audited by the Australian Taxation Office? ITP Qld works hard to ensure our clients are...

We are the original tax professionals, but what does that really mean? To the industry it means experience, knowledge and respect, but to our...

This week the Federal Government delivered their 2022-2023 budget with many changes that might get lost in the shuffle of the soon-to-be-called...

We get it. Life happens. Sometimes doing your tax returns is not your number one priority. But if you have not lodged a tax return for a few years,...

We know tax is a complicated subject and trying to understand it can feel like trying to learn a new language. Our tax professionals have tackled...

Like clockwork, and as the tax season rolls around, scammers once again set their sights on the vulnerable who are busily preparing to lodge their...

Let's face it, for those of us who aren't a professional, preparing your tax return can feel like a guessing game. Aside from the stress of making...

For many Queenslanders, having a second job is a necessity. While this can be a good strategy for boosting your bottom line, if you don't properly...

JobKeeper has been an invaluable safety net for many throughout the pandemic. However, those who received JobKeeper payments this financial year may...

With the Federal Government recently announcing their 2021-22 budget many Australians are scrambling to figure out the potential impact to their back...

Are you seeking a stable and rewarding career in tax? ITP Qld's Tax Training School is now taking enrollments for the class of 2021 with job...

Submitting your tax return on time is super important. Not only does it make you look good to the ATO, but Australians who lodge their return late...

Being audited by the ATO is not on anyone's wish list. It can be time-consuming, stressful and the worst case scenario could end up costing you money...

The heat is coming and so is the tax deadline! If you're a late comer, fear not, ITP Qld is ready to fight fire with fire!

On Tuesday night the government announced the budget for 2020-21. There's a number of changes, but we've broken down the all-important tax changes,...

Tonight the budget is being announced, and it's being touted as one of the most important since 1945.

If you've received this year's tax refund, did you spend it wisely? Have you saved it or did you go out and treat yourself? It can be very tempting...

Let's get the technical stuff out of the way. A Tax File Number (TFN) is a number that identifies you in the Australian tax and superannuation...

How many times have you said no to a receipt, and then realised later you actually needed one? Poor or inconsistent record keeping is common when it...

Tax season is well underway, with this year bringing record numbers of early tax return submissions as a result of Coronavirus. But getting in quick...