The video above is based on a publication released by the ATO which you can download here
The ATO has also released this TaxTime Toolkit especially for teachers and staff in educational organisations – find it here.
Of course, the usual disclaimers apply – if you are in doubt, secure the services of a tax professional or contact the ATO directly.
Tax services for IEU members:
Take advantage of a 15% discount for IEU members, family and friends through our industry partner, Cariad Tax.