by C&N Accountants | Aug 12, 2024 | ATO
Imagine receiving over $1.6 million in your bank account and thinking it’s a generous gift. But what happens when the Tax Commissioner decides it’s actually income, and you’re suddenly facing a hefty tax bill? That’s exactly what happened in the intriguing case of...
by C&N Accountants | Sep 4, 2023 | ATO, EOFY, Tax Deductions, Tax Planning, Tax Refunds
Many Australians are wondering why their tax refunds have significantly decreased. In this article, we explore the reasons behind this phenomenon. The Psychology of Tax Refunds Tax refunds hold a special place in the hearts of Australians. Our nation heavily relies on...
by C&N Accountants | Jul 28, 2023 | EOFY, Income Tax, Tax & Accounting, Tax Planning, Tax Refunds
Its Tax Time again and as you prepare for lodging your return we want to ensure why you need to understand the importance of lodging your returns and fulfilling your tax obligations. Lodging an income tax return is an important financial responsibility for individuals...
