10K views · 55 reactions | Have you rented out a room or your home through a website or app? Don’t forget to include the income and expenses in your tax return! If you plan to use myTax, watch our video for tips on completing your return, or ask your registered agent. Find out more, including the deductions you might be able to claim, at https://ato.gov.au/sharingeconomy_accommodation | Australian Taxation Office | Facebook

Our income tax calculator is a free, handy tool that gives you a full breakdown of how much tax you pay based on your income on a yearly, monthly, fortnight, and weekly basis. Take the calculator for a spin and plan your finances in advance! You can find it on our website under Resources: https://bit.ly/3zClL3v. | MyBudget