Bright Accounting and Taxation Services

22/02/2026

24/10/2024

Another real life example. An IT guy made some excesive claims in his tax return and now he is paying the price. That is a typical example of an arrogant person who was blinded by his own level of education, and somehow thinking that he is smartest man in town. It is a loing article but his claims are quite extensive.

An IT consultant attempted to claim more than $30,000 of “work related” expenses on his tax bill after saying his job required his service 365 days of the year from home.

18/07/2024

This is a perfect example of why you shouldn't lodge the individual tax returns on 1 July. The lady on this story is a clueless young taxpayer who just focused on the money that she expected. Apparently she wasn't supported properly by an accountant. However, it is clearly stated on the tax return itself that the result is an estimate only. At the end, she learned her lesson but she totally misinterpreted the situation even after that.

The season of tax returns has begun, but for every cashed-up Aussie rushing out to buy a new television, there are those left disappointed.

12/07/2024

Hello everyone. Do you know what you can claim in your tax return if you are an office worker? Here are some tips from the ATO.

06/07/2024

Tax season is here again. Today's message is, not everyone will get a refund. It is not an automatic entitlement that everyone gets every year. Below is an article about that telling us stories of ordinary Australians.

Multiple Aussies hoping to receive a healthy tax return this year have been left severely disappointed after finding out they have been hit with a bill instead.

30/06/2024

Last day of the financial year. Here comes an ATO poster about carers and support workers for available deductions.

15/05/2024

Here is a good summary of the Federal Budget 2024, by NTAA.

02/05/2024

The ATO intensifies the data matching program for Crypto Assets.

They issued a notice on its intention to acquire account identification and transaction data from crypto designated service providers for the 2023-24 financial year through to the 2025-26 financial year, inclusive.

Full detals are available on the link below:

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community.

09/10/2023

The ATO is determined to name and shame the taxpayers with a long overdue tax debt over $100,000. Below is the article from yahoo finance, about the new approach.

The Australian Taxation Office is warning businesses to pay up before they are named and shamed.