Tax Changes Financial Year 2025

New financial year = new tax rates, caps, and super guarantee. With the new financial year comes a handful of changes for you to familiarise yourself with. I’ve summarised them for you here. Income Tax Changes Starting from 1 July, 2024, there will be significant adjustments to the income tax brackets and rates. $0 – […]

Who Should do your tax return?

Who should lodge your tax return? Payroll Myth #1 – “but I am being offered a free tax return…” This one we hear often! Payroll companies and recruitment agencies will often offer a “free tax return” as part of their services.  This may be convenient and appropriate for individuals earning less than $50,000 but it […]

What happens at the end of an IT contract? 

What happens at the end of a contract?  IT Contracts in Canberra generally run from financial year to financial year although they may start with a shorter period ie; 6 months, and have extension options.  Federal Government usually engages IT Contractors for a specific task or project, and these are often dependent of funding approval […]

Starting a Contracting Career 

Starting your new career For many, IT Specialists, contracting was once a job you took when you couldn’t find a full-time role.  Today, especially in Canberra the home of Federal Government, that is far from the truth.  Canberra has many IT Specialist who have made a career as a contractor.  Why has this change occurred […]