Savings Guide – Daily Saving Money Tips

Individual income tax brackets and tax rates can be confusing. Here we try to simplify the amount of tax you need to pay by showing you examples of how much tax you will have to pay this year.

23 dollars. That’s right- years of argy-bargy, of naysaying and praising, of politicking and fence picketing, and we finally have a price on carbon; $23 a tonne. This is not the article to get into the whys and wherefores of a price of carbon, we now have one so it’s time to start working out how it will affect us, our families and our finances.

I’ve probably spent my tax return (still pending due to the fact I’ve yet to organise my taxes) about a million ways in my head. A small trip, new laptop, pay back my parents a little bit (never going to happen). But here are some ideas, inspired by Stacy Johnson at Money Talks News, on what not to do when the blessed day arrives.

We all make New Years Resolutions, abjectly follow them throughout January and then feel guilty about them until June when we make a whole new bunch of resolutions, because it is the end of the financial year. Here are a couple of tips to maximise your period of chagrin and new resolve.

Attention students (or past students): A recent court decision means you can claim study expenses as a tax deduction while on Youth Allowance. If you didn’t in previous years, now is your chance to get that money back!

Saving a tax refund for a rainy day never hurt anyone. But there are good ways to spend it as well. Unless you’ve got the luck of Irish, it’ll be the only lump sum amount you’ll receive this year. Here are 5 of the best, drawn from Farnoosh Torabi’s article on Money Watch.