Negative Gearing Explained
When it comes to property investment, the tax benefits are seemingly endless! This is because the Australian government wants to reward people who invest in real estate, and it makes
28/11/2025
Tax News and Updates
Stay updated with the latest tax news, expert tips, and tricks to maximise your returns. Explore our blog for insights on tax strategies, property investment, and more.
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How to afford your first investment property
If you want to afford your first investment property this blog outlines the boxes you need to tick to ensure you are on the right track.
28/11/2025
5 Common Property Investor Tax Mistakes to Avoid
Investing in property can be a powerful path to financial freedom, but it comes with risks. For property investors, understanding property investor tax rules and managing your finances properly is
28/11/2025
Aussie startup tackles property and investment tax pain
A Gold Coast startup, has officially launched a new tax software to change the way taxpayers monitor, manage and control their tax obligations.
28/11/2025
Aussie startup launches new software to help accountants fight back against ATO automation
A Gold Coast startup has officially launched a new tax software to give accounting firms access to powerful tax tools that will transform the way they work and stem the loss of clients to the ATO’s automation tools.
28/11/2025
How to choose the accounting software that’s right for your firm
No two accounting firms are the same; they all have different business values, different goals, and different ideal clients. So how do you choose the accounting software that’s right for your firm? Fortunately, there are some must-have features that will boost business at any accounting firm regardless of size, clientele or budget.
28/11/2025
Why rental insurance is an important part of owning a rental property
Property investment can bring great financial rewards, but having tenants live in your property is also very risky business. Rental insurance is an important part of owning a rental property because it safeguards you and your property manager against financial risks.
28/11/2025
Top 7 tax tips for property investors
Becoming tax confident is the key to making your property portfolio work harder for you, so here are 7 tips for property investors to make your life easier when it comes to property tax!
28/11/2025
Capital Gains Tax explained
Capital gains tax (CGT) is one of the many important factors that a property investor must take into account when making big investment decisions.
28/11/2025
Top 5 random deductions you can claim
Many Australians miss out on tax deductions every year, simply because they are unaware of the possibilities. This is understandable because some of the potential deductions you can claim are actually pretty random and out there!
28/11/2025
The uncomfortable truth: Why the cost of living package could cost Australians in the future
The Federal Government’s $8.6 billion cost of living package was the centerpiece of this year’s 2022 Federal Budget address. From temporary cuts of the fuel excise, to an expansion of the low and middle-income tax offset, the package contains various support measures aimed at easing rapidly rising cost of living expenses and business input costs.
28/11/2025
What’s on the ATO hitlist in 2022? Car claims!
If you use your car for both work and private purposes, you can only claim the percentage of car expenses that relate to work. For example, if you travel 100 km in a day and 50 km of that is for work, you can only claim 50% of your car expenses.
28/11/2025
How to maximise your tax return using myTax
When it comes to tax time, only around one in four Aussies choose to lodge their own tax return. Because the ATO receives around 10 million tax returns every year, that means 7.5 million people don’t trust their own ability when it comes to lodging the best tax return possible.
28/11/2025
New data shows cost of living savings are top of mind this tax season
Australians plan to save their tax returns this year despite not knowing nor actively planning to maximise what they receive, according to TaxTank
New research from cloud-based tax software TaxTank reveals over half (56%) of Australians find tax time stressful, with the notion of missed deductions causing the greatest degree of anxiety.
28/11/2025
Let’s focus on car claims this upcoming tax season for a moment
This year, the ATO is focusing on two specific areas in relation to car claims. The first is ensuring that taxpayers are only claiming the work-related portion of their car expenses. The second is making sure that taxpayers are not claiming private expenses as work-related expenses.
28/11/2025
How to avoid being the subject of a dreaded ATO audit
You’ve read it in the news. You’ve heard people talking about it. Those in the know urge you not to dismiss it. Being the subject of an ATO audit is not to be dismissed as a trivial matter. It can and does happen.
28/11/2025
Deductions for property investors: What not to forget this year
Are you a property investor who is looking to get the most out of your tax return? If so, you may be missing out on some key deductions. In this blog post, we will discuss some of the most commonly missed deductions for property investors.
28/11/2025
QuickBooks vs TaxTank
We’ve put together a comparison of QuickBooks and TaxTank to see who the two different tax help platforms compare, in terms of price, functionality, as well as special features.
28/11/2025
Preparing early can help maximise your MyTax tax return
We all know that paying taxes is one of the certainties of life. For many it is a dreaded once-a-year event full of confusion and hassle. For others, they see the need to get prepared prior and look for ways they can minimize the amount of tax they have to pay, before the EOFY. If you want to keep more of your hard-earned money in your pocket, preparing early is a sure-fire way of maximising your tax return.
28/11/2025
Maximise your tax return in 2022
Getting a great tax return can help you reach your financial goals faster. Whether it’s an overseas holiday or paying down some debt, your tax return can be used for a variety of life-affirming purposes. Think of it as a form of forced savings. In 2021, Australian taxpayers received an average tax refund of $2490 – not a bad incentive to make the most of tax time!
28/11/2025
Investment property deductions: How to pay less tax and turn more profit from your investment
Property investors aren’t always aware of the full gamut of investment property deductions that they are entitled to. In this blog post, we will discuss some of the most common investment property deductions and how you can take advantage of them.
28/11/2025
Work-from-home tax deductions top of mind as ATO cracks down
New research from cloud-based tax software TaxTank reveals that 50% of Gen X’s, 40% of Millennials, and 30% of Baby Boomers intend on claiming work-from-home (WFH) expenses this tax year.
The findings coincide with a recent statement from the ATO saying it would scrutinise WFH expenses this tax year with millions of Australians having pivoted to remote and hybrid work environments due to COVID-19.
28/11/2025
Over half of Aussie property investors are concerned about rising interest rates
New research reveals that a huge 63% of property investors are feeling concerned about rising interest rates, and with more interest rate rises projected over the next few months, the pressures aren’t going to ease any time soon. The research, commissioned by Australian fintech startup, TaxTank, also showed that 40% of property investors are concerned about the cost of living and more than one in ten fear they may have to sell.
28/11/2025
Is the ATO’s move towards automation impacting property investor loyalty?
New research reveals that despite 75% of property investors reporting that they will lodge their return through an accountant this year, many are still feeling stressed at tax time.
28/11/2025
The affordable cloud-based tax software every property investor should have
Australian fintech TaxTank allows property investors to monitor their overall equity, cash position and tax position in real time to make smart investment decisions and maximise their tax deductions.
With the real estate environment in Australia changing rapidly with inflation and rising interest rates, property investors will likely have some important decisions to make in the coming months, and cloud-based tax management software TaxTank is here to help.
28/11/2025
Prospect of market crash polarising amongst Aussie property investors
With so much speculation in the air regarding the Australian property market, investors are certainly starting to think about where their portfolios stand and where to next. Research from Australian fintech startup TaxTank shows that investors are of two minds – while 54% list property market crash among their top three concerns, only 22% list it as their primary concern.
28/11/2025
Top 3 tax time tips for Property Investors
Australian fintech TaxTank allows property investors to monitor their overall equity, cash position and tax position in real time to make smart investment decisions and maximise their tax deductions. Get their top tax time tips here.
28/11/2025
Doing your own tax return is a key to financial success
When it comes to tax time, many people feel like they are at a loss. They don’t understand the tax system and feel like they’re not in control with little power to do anything to actually control how much tax they pay.
28/11/2025
Xero vs TaxTank
We’ve put together a comparison of Xero and TaxTank to see who the two different tax help platforms compare, in terms of price, functionality, as well as special features.
28/11/2025
A tax expert’s 5 top tips to maximise what you get back this tax time
Are you already thinking about the extra money you could be receiving at tax time? Tax time is approaching and for millions of Australians this year could deliver a nice bonus thanks to the boost of a tax offset announced in the recent federal budget.
28/11/2025