You may be able to claim 70c/hour using the fixed rate method in FY25. Keep records of hours and at least one receipt per expense type.

Donations of $2+ to DGRs may be deductible. Raffles and fundraising tickets don’t usually qualify.

Income from tutoring, deliveries or online sales must be declared. You may be able to deduct related expenses.

You may be able to claim advisor fees, loan interest and tracking tools for income-generating investments.

If your spouse earns under $40k, you may be eligible for a $540 offset when contributing to their super fund.

CGT may apply when selling crypto, shares or property. You may qualify for a 50% discount if held over 12 months.

You may be able to claim expenses if the course relates directly to your current employment (not a new job).

If you earn over $97k and don’t have private hospital cover, you may pay up to 1.5% in extra tax.

Private hospital cover can help you avoid the Medicare Levy Surcharge. Extras-only policies don’t qualify.