What are the tax effects if I let part of my house using Airbnb?
Although Airbnb is one of the more widely known facilitators connecting those with a room or part of their house to let with suitable applicants through an app or a website, the following advice also applies to anyone renting out part of their house whether for a short term [...]
What happens if I earn income overseas?
All Australian residents for tax purposes must declare all income they earn on their Australian Income Tax Return, whether the income is earned in Australia or overseas. Under the Common Reporting Standard for the automatic exchange of financial account information, banks and other financial institutions will collect and report to [...]