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The Christmas Loan was created with the idea that we know some people borrow money to pay for Christmas, either by using loans or credit cards.
QB 09/02 considers the correct income tax treatment for when an individual owns a holiday house and rents it out from time to time.
Income tax. Know how much tax you will pay. If you earn money from work or investments, you will usually pay tax on that money. Understanding how your tax is calculated will help you work out how much tax you should pay.
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Our Australian income tax calculator calculates how much tax you will pay on your employment income this year. Visit ASIC's MoneySmart website to learn more.
There is always some confusion about entitlement to holiday pay and/or extra pay for workers on public holidays such as the upcoming June Bank Holiday as well as Christmas Day and New Years Day or St Patrick’s Day.