If you married during the year you may be eligible to claim a tax offset for your spouse which will depend on your spouse's income. A Medicare reduction may also be available. You will need to know the taxable income of your spouse before and after marriage. If your spouse has earned income during the year, she will also need to lodge her own return. On both returns, you will be required to disclose information about the other partner so that any entitlement you may have to certain benefits can be calculated correctly.

As we emerge from the pandemic with a new government we are now dealing with the threat of higher inflation and interest rates not to mention supply chain...

Would you buy a second-hand car for $25,000 without a detailed inspection by a qualified mechanic? Presumably not. Incredibly, many people invest tens or...

Josh Frydenberg delivered the 2022-23 Federal Budget on the 29th March 2022. The Albanese Government has indicated there will be a second Federal Budget to...

cpa-logo.png