As a proud owner of a rental property, you know that it comes with its own set of joys and challenges. One of the most significant challenges is understanding the tax implications of your investment. Fortunately, the Australian Taxation Office (ATO) allows you to claim deductions on many of the expenses associated with owning a rental property. In this guide, we'll take a closer look at rental property deductions, what you can claim, and how to maximise your deductions. The Joy of Owning a Rental Property Owning a rental property can be a great way to generate extra income and build long-term wealth. You get to be your boss, make your own decisions, and even have the satisfaction of providing a comfortable home for someone. But, as with any investment, there are costs associated with owning a rental property. The good news is, many of those costs are tax-deductible. What are Rental Property Deductions? A rental property deduction is an expense that you can claim on your tax return to offset the income you receive from your rental property. The ATO allows you to claim deductions for any expense that is directly related to earning rental income. Some of the most common rental property deductions include: The Big Ticket Items You Can Deduct Interest on your mortgage Council rates Land tax Property management fees Advertising for tenants Repairs and maintenance Insurance The Lesser-Known Rental Property Deductions There are some less obvious rental property deductions that you may not be aware of. Here are a few examples: Travel expenses - If you travel to inspect or maintain your rental property, you can claim a deduction for the cost of travel. Depreciation - You can claim a deduction for the wear and tear of your rental property and its assets, such as appliances and furniture. Borrowing expenses - If you take out a loan to purchase your rental property, you can claim a deduction for the costs associated with obtaining that loan. Maximising Your Rental Property Deductions: Tips and Tricks Here are some tips and tricks to help you maximise your rental property deductions: Keep accurate records - Keeping accurate records of your expenses will make it much easier to claim deductions on your tax return. Work with a professional - A qualified accountant or tax agent can help you navigate the complex world of rental property deductions and ensure you are claiming everything you are entitled to. Make repairs and improvements - Making repairs and improvements to your rental property can increase its value and may also be tax-deductible. Don't Let the Taxman Take a Bite Out of Your Rental Income Claiming rental property deductions can be a great way to reduce your tax bill and increase your rental income. Make sure you are claiming all the deductions you are entitled to and keep accurate records to avoid any headaches come tax time. With a little bit of planning and knowledge, you can enjoy the rewards of owning a rental property without the added stress of a hefty tax bill. So, if you own a rental property, it's worth taking the time to understand your options and claim all the deductions you are entitled to. By doing so, you can ensure that you are maximising your rental income and reducing your tax bill. Remember, the ATO is cracking down on rental property deductions, so it's important to be honest and accurate when claiming expenses. If you're unsure about what you can claim, work with a qualified professional to ensure you are following the rules. Owning a rental property can be a rewarding and lucrative investment, but it's important to understand the tax implications and claim all the deductions you are entitled to. By following the tips and tricks outlined in this guide, you can ensure that the taxman doesn't take a bite out of your rental income. ‍

Introduction:  In the complex world of tax refunds, every dollar counts. TaxFox, Australia's first tax refund maximiser app, empowers Australians to claim every eligible dollar of their tax refund. Leveraging advanced AI technology, TaxFox simplifies the process of identifying tax-deductible expenses and ensures users can maximise their returns effortlessly. The Power of AI in Tax Refunds:  TaxFox's standout feature, the AI Refund Finder, revolutionises how Australians approach their tax refunds. This innovative tool analyses your bank transactions to identify potential tax deductions you might otherwise miss. By doing so, it ensures you don't leave any money on the table. How AI Refund Finder Works: Link Your Bank Account:  Connect your bank account to the TaxFox app. Our secure system will monitor your transactions in real-time, identifying any expenses that may qualify for a tax deduction. Automatic Categorisation:  The AI Refund Finder uses machine learning algorithms to categorise your transactions. It identifies patterns and flags expenses that are likely tax-deductible based on ATO guidelines and user data. Personalised Suggestions:  Receive personalised suggestions for deductions specific to your occupation and spending habits. Whether it's work-related travel, home office expenses, or educational costs, TaxFox ensures you're aware of all possible deductions. Real-Time Tracking:  Watch your estimated tax refund grow in real-time as deductions are identified and added. This feature helps you stay informed and motivated to keep track of your deductible expenses throughout the year. Benefits of Using TaxFox: Maximise Your Refund:  With the AI Refund Finder, you can be confident that you're claiming every possible deduction, potentially increasing your tax refund significantly. Save Time and Reduce Stress:  TaxFox simplifies the tax return process, reducing the time and stress associated with gathering and categorising receipts. The app stores all your receipts in one place, making them easily accessible for tax time. Avoid Missing Deductions:  Many Australians miss out on eligible deductions due to lack of awareness or poor record-keeping. TaxFox's AI ensures you never miss a deduction, giving you peace of mind. Easy Export for Tax Lodgement:  When it's time to lodge your tax return, TaxFox allows you to export all your tax information and receipts directly to your tax agent or the ATO's myTax system with just a tap. TaxFox offers a range of plans to suit different needs: BASIC (Free): Save 12 tax-deductible expense receipts. Log up to 20 work-from-home days. Save up to $1,000 worth of deductions. Link 2 bank accounts. Save up to 15 trips for work vehicle. Ideal for avoiding missing deductions for donations and anyone working from home less than 1 month in the year. SMART ($8/month, billed annually): Store 24 expense receipts per year. Log up to 80 work-from-home days. Save up to $2,000 worth of deductions. Link unlimited banks and accounts. Save up to 60 trips for work vehicle. Ideal for employees with expenses, employees working from home at least 1 day per week, and easily preparing for tax return lodgements. GENIUS ($13/month, billed annually): Store unlimited expense receipts per year. Log unlimited work-from-home days. Save unlimited value of deductions. Link unlimited banks and accounts. Save unlimited trips for work vehicle. Ideal for claiming every dollar of eligible tax refund, DIY tax return lodgers, entrepreneurs and self-employed, and employees with a home office or working from home more than 1 day per week. Smart Features Included in All Plans: Tax deductions summary reports. Learn what you can claim in your job. Lodge tax returns through ATO myTax. Tax refund calculator. Smart Finder to find possible deductible expenses. Link your bank accounts to find expenses. Track and grow your estimated tax refund. Save all your expense receipts in one place. Compare average deductions for your job. Try the TaxFox Tax App Don't leave money on the table this tax season. Let TaxFox's AI Refund Finder help you maximise your tax refund with ease and confidence. Download TaxFox today on   Android  or   iOS , and join the revolution in tax refund maximisation.

With the rise of flexible working arrangements, many Australians are now working from home, leading to potential tax deductions that can significantly boost your refund. TaxFox makes it easy to track your work-from-home (WFH) hours and maximise these deductions effortlessly. Claim Work From Home Days:  Easily track your work-from-home hours with TaxFox. The app provides a straightforward interface for logging the days you work from home. As you record more days, you'll see your estimated tax refund grow in real-time, ensuring you claim every eligible deduction. Why Track Your Work From Home Hours?  The Australian Taxation Office (ATO) allows you to claim deductions for the additional expenses you incur while working from home. This includes costs for electricity, internet, and office supplies. However, to maximise these deductions, it's essential to keep accurate records of your WFH days. How TaxFox the Tax App Helps: User-Friendly Tracking:  Log your work-from-home hours quickly and easily. The app's intuitive design ensures you can record your hours with just a few taps. Real-Time Refund Growth:  Watch your tax refund estimate increase as you add more WFH days. This real-time tracking motivates you to maintain accurate records throughout the year. Comprehensive Reporting:  TaxFox provides detailed reports of your WFH hours, making it simple to compile the necessary documentation for your tax return. These reports are ready to be exported directly to your tax agent or the ATO's myTax system. Maximise Deductions:  By keeping precise records, you can ensure you're claiming the maximum allowable deductions for your home office expenses. This can significantly boost your tax refund, putting more money back in your pocket. TaxFox offers a range of plans to suit different needs: BASIC (Free): Log up to 20 work-from-home days. Save up to $1,000 worth of deductions. Ideal for anyone working from home less than 1 month in the year. SMART ($8/month, billed annually): Log up to 80 work-from-home days. Save up to $2,000 worth of deductions. Ideal for employees working from home at least 1 day per week. GENIUS ($13/month, billed annually): Log unlimited work-from-home days. Save unlimited value of deductions. Ideal for employees with a home office or working from home more than 1 day per week. Try TaxFox Today! Don't miss out on valuable work-from-home deductions this tax season. With TaxFox, tracking your WFH hours and maximising your tax refund has never been easier. Download TaxFox today on   Android  or   iOS , and start seeing your tax refund grow as you add more work-from-home days.

In today's fast-paced world, keeping track of work-related car trips can be a hassle, but it is crucial for maximising your tax deductions. TaxFox makes this process easy and secure, adhering to Australian banking standards and laws, and ensuring that your data is always safe, private, and confidential. Claim Car Trips With TaxFox, logging and claiming your work-related car trips has never been simpler. The app's Car Mileage Tracker and Digital Vehicle Logbook are designed to streamline the tracking process, allowing you to focus on your work while TaxFox takes care of your mileage records. Why Track Your Car Trips? The Australian Taxation Office (ATO) allows you to claim deductions for car expenses if you use your vehicle for work purposes. Accurate records of your car trips can significantly boost your tax refund by ensuring you claim every eligible kilometre. How TaxFox Helps: Easy Trip Logging:  TaxFox provides an intuitive interface for recording your work-related car trips. Simply log your trips as you go, and the app will keep track of the distances traveled and the potential deductions. Automatic Calculations:  The app automatically calculates your potential tax refunds based on the distances logged, giving you an estimate of the refund you can expect from your car mileage deductions. Trip-Specific Refund Breakdowns:  Receive detailed analysis for each logged trip, helping you understand and track your deductible expenses related to travel. Generate Sleek Trip Reports:  Export professional tax reports in PDF format that include your digital logbook, distances traveled, and potential deductions. This makes claiming these deductions during tax filing seamless. Security and Privacy  TaxFox adheres to Australian banking standards and laws, ensuring that your data is secure, private, and confidential. The app uses bank-grade security measures to protect your information, giving you peace of mind. TaxFox offers a range of plans to suit different needs: BASIC (Free): Save up to 15 trips for work vehicle. Save up to $1,000 worth of deductions. Ideal for anyone needing basic tracking for occasional work trips. SMART ($8/month, billed annually): Save up to 60 trips for work vehicle. Save up to $2,000 worth of deductions. Ideal for employees with frequent work-related car trips. GENIUS ($13/month, billed annually): Save unlimited trips for work vehicle. Save unlimited value of deductions. Ideal for employees with extensive travel requirements or those who use their vehicle for work regularly. Try TaxFox Today! Don't miss out on valuable car trip deductions this tax season. With TaxFox, tracking your work-related car trips and maximising your tax refund is secure and easy. Download TaxFox today on   Android  or   iOS , and start seeing your tax refund grow as you claim your car trips. For more information, visit   www.taxfox.com.au  or follow us on   Instagram ,   Facebook , and   LinkedIn .

Maximising your tax refund involves careful tracking and claiming of all eligible expenses. With TaxFox, recording and claiming your home-office and car-related expenses is simple and efficient, helping you boost your tax refund significantly. Additionally, you can claim many other work-related expenses, ensuring you don't miss out on any potential deductions. Claim Home-Office Expenses Working from home can lead to a variety of deductible expenses. These might include electricity, internet, office supplies, and other costs associated with maintaining a home office. TaxFox helps you keep track of these expenses effortlessly. How TaxFox Helps with Home-Office Expenses: Easy Expense Logging:  Record your home-office expenses in the app as you incur them. TaxFox’s user-friendly interface makes it easy to input and categorise each expense. Track Work-From-Home Days:  Log the days you work from home, and see your estimated tax refund grow in real-time. This feature ensures you claim the maximum allowable deductions for your home office. Generate Detailed Reports:  TaxFox generates detailed reports of your home-office expenses, making it simple to compile the necessary documentation for your tax return. Claim Car-Related Expenses:  Using your car for work can also lead to significant tax deductions. Expenses like fuel, maintenance, and even depreciation can be claimed if you maintain accurate records. TaxFox’s Car Mileage Tracker and Digital Vehicle Logbook streamline this process. How TaxFox Helps with Car-Related Expenses: Log Car Trips:  Record your work-related car trips easily. The app tracks the distance travelled and calculates the potential tax deductions based on logged trips. Automatic Calculations:  TaxFox automatically calculates your potential tax refunds from car-related expenses, ensuring you claim every eligible kilometre. Export Professional Reports:  Generate sleek trip reports in PDF format that include your digital logbook, distances travelled, and potential deductions. This makes claiming these deductions during tax filing seamless. Claiming Other Work-Related Expenses  TaxFox also allows you to claim many other work-related expenses. This can include costs for tools, uniforms, professional development courses, and more. How TaxFox Helps with Other Work-Related Expenses: Comprehensive Expense Tracking:  Keep track of all your work-related expenses in one place. TaxFox’s comprehensive tracking ensures no deductible expense is overlooked. Personalised Deduction Suggestions:  Receive personalised suggestions for deductions specific to your occupation and spending habits. TaxFox ensures you are aware of all possible deductions. Compare Average Deductions:  See how your deductions compare to the average for your job. This feature helps you understand if you are claiming too little or too much, providing peace of mind. Subscription Plans:  TaxFox offers a range of plans to suit different needs: BASIC (Free): Save 12 tax-deductible expense receipts. Log up to 20 work-from-home days. Save up to $1,000 worth of deductions. Link 2 bank accounts. Save up to 15 trips for work vehicle. Ideal for anyone working from home less than 1 month in the year. SMART ($8/month, billed annually): Store 24 expense receipts per year. Log up to 80 work-from-home days. Save up to $2,000 worth of deductions. Link unlimited banks and accounts. Save up to 60 trips for work vehicle. Ideal for employees with expenses, employees working from home at least 1 day per week, and easily preparing for tax return lodgements. GENIUS ($13/month, billed annually): Store unlimited expense receipts per year. Log unlimited work-from-home days. Save unlimited value of deductions. Link unlimited banks and accounts. Save unlimited trips for work vehicle. Ideal for claiming every dollar of eligible tax refund, DIY tax return lodgers, entrepreneurs and self-employed, and employees with a home office or working from home more than 1 day per week. Conclusion:  Boost your tax refund by accurately tracking and claiming your home-office, car-related, and other work-related expenses with TaxFox. Download TaxFox today on   Android  or   iOS , and ensure you never miss out on a deduction. For more information, visit   www.taxfox.com.au  or follow us on   Instagram ,   Facebook , and   LinkedIn .

Maximising your tax refund involves more than just tracking expenses; it's also about understanding how your deductions stack up against others in your field. TaxFox's Compare Claims feature empowers you to benchmark your tax deductions, giving you valuable insights and ensuring you're not leaving any money on the table. Compare Claims Feature: TaxFox's innovative Compare Claims feature allows you to see how your tax deductions compare to others in your occupation. This unique tool provides a comprehensive view of average deductions claimed by people in similar roles, helping you make informed decisions about your own tax claims. Why Benchmark Your Claims? Benchmarking your claims against others in your occupation can highlight potential deductions you might be missing and ensure you're claiming everything you're entitled to. It also provides peace of mind by showing that your deductions are in line with industry norms, reducing the risk of an audit. How TaxFox Helps with Benchmarking: Occupation-Based Insights Start by selecting your occupation in the TaxFox app. The Compare Claims feature will then provide insights specific to your job, showing you the average deductions claimed by others in your field. Real-Time Comparisons As you log your deductions, TaxFox will compare your claims to those of others in your occupation. This real-time comparison helps you identify areas where you might be under-claiming or over-claiming. Detailed Reports: Generate detailed reports that show how your deductions compare to the average. These reports can be useful for tax planning and ensuring you're maximising your refund potential. Personalised Suggestions: Based on the comparison, TaxFox provides personalised suggestions for additional deductions you might be eligible for. This ensures you don't miss out on any potential tax savings. Benefits of Using TaxFox for Benchmarking: Maximise Your Refund: By seeing how your deductions compare to others, you can ensure you're claiming everything you're entitled to, potentially increasing your tax refund. Reduce Audit Risk: Knowing that your deductions are in line with others in your occupation can reduce the likelihood of being audited by the ATO. Make Informed Decisions: Benchmarking your claims helps you make more informed decisions about what to claim and how much to claim, giving you confidence in your tax return. TaxFox offers a range of plans to suit different needs: BASIC (Free): Save 12 tax-deductible expense receipts. Log up to 20 work-from-home days. Save up to $1,000 worth of deductions. Link 2 bank accounts. Save up to 15 trips for work vehicle. Ideal for anyone working from home less than 1 month in the year. SMART ($8/month, billed annually): Store 24 expense receipts per year. Log up to 80 work-from-home days. Save up to $2,000 worth of deductions. Link unlimited banks and accounts. Save up to 60 trips for work vehicle. Ideal for employees with expenses, employees working from home at least 1 day per week, and easily preparing for tax return lodgements. GENIUS ($13/month, billed annually): Store unlimited expense receipts per year. Log unlimited work-from-home days. Save unlimited value of deductions. Link unlimited banks and accounts. Save unlimited trips for work vehicle. Ideal for claiming every dollar of eligible tax refund, DIY tax return lodgers, entrepreneurs and self-employed, and employees with a home office or working from home more than 1 day per week. Try TaxFox Today! Don't leave money on the table this tax season. Use TaxFox's Compare Claims feature to benchmark your deductions and maximise your tax refund. Download TaxFox today on   Android  or   iOS , and ensure you're getting the most out of your tax return. For more information, visit   www.taxfox.com.au  or follow us on   Instagram , Facebook , and   LinkedIn .

Maximising your tax refund is about knowing what you can claim. TaxFox makes this easy with its personalised claims checklist, offering a tailored list of common expense deductions claimed by people in your occupation. This powerful feature ensures you don't miss out on any potential deductions, helping you get the most from your tax return. Your Personalised Claims Checklist The TaxFox claims checklist is designed to provide you with a comprehensive list of deductions commonly claimed by others in your field. This personalised approach takes the guesswork out of tax time, ensuring you can confidently claim all eligible expenses. Why Use the Claims Checklist? Understanding which expenses you can claim is crucial for maximising your tax refund. The TaxFox claims checklist guides you through this process, making it easy to identify and claim deductions specific to your occupation. How TaxFox Helps You Identify More Deductions: Occupation-Specific Deductions: Start by selecting your occupation in the TaxFox app. The claims checklist will then generate a list of common deductions tailored to your job, ensuring relevance and accuracy. Comprehensive List: The checklist covers a wide range of deductible expenses, from work-related travel and home office costs to educational expenses and tools. This ensures you have a thorough understanding of what you can claim. Easy to Follow: The checklist is easy to follow, breaking down each deduction category with clear explanations. This helps you understand what each expense entails and how it applies to your situation. Real-Time Updates: Tax laws and deductible expenses can change. TaxFox keeps your checklist up-to-date with the latest information, ensuring you’re always informed about current deduction opportunities. Track and Claim: As you incur expenses throughout the year, log them in the app. TaxFox helps you track these expenses and match them against your claims checklist, making it easy to claim them at tax time. Benefits of Using TaxFox for Identifying Deductions: Maximise Your Refund: By knowing exactly what you can claim, you can ensure you're getting the most from your tax refund. Save Time and Reduce Stress: The claims checklist simplifies the tax preparation process, saving you time and reducing the stress of figuring out deductible expenses. Ensure Compliance: With TaxFox’s up-to-date checklist, you can be confident that your claims are compliant with ATO regulations. Subscription Plans: TaxFox offers a range of plans to suit different needs: BASIC (Free): Save 12 tax-deductible expense receipts. Log up to 20 work-from-home days. Save up to $1,000 worth of deductions. Link 2 bank accounts. Save up to 15 trips for work vehicle. Ideal for anyone working from home less than 1 month in the year. SMART ($8/month, billed annually): Store 24 expense receipts per year. Log up to 80 work-from-home days. Save up to $2,000 worth of deductions. Link unlimited banks and accounts. Save up to 60 trips for work vehicle. Ideal for employees with expenses, employees working from home at least 1 day per week, and easily preparing for tax return lodgements. GENIUS ($13/month, billed annually): Store unlimited expense receipts per year. Log unlimited work-from-home days. Save unlimited value of deductions. Link unlimited banks and accounts. Save unlimited trips for work vehicle. Ideal for claiming every dollar of eligible tax refund, DIY tax return lodgers, entrepreneurs and self-employed, and employees with a home office or working from home more than 1 day per week. Try TaxFox Today! Don't miss out on valuable tax deductions this season. Use TaxFox's personalised claims checklist to identify and claim all eligible expenses in your occupation. Download TaxFox today on   Android  or   iOS , and ensure you maximise your tax refund. For more information, visit   www.taxfox.com.au  or follow us on   Instagram ,   Facebook , and   LinkedIn .

Maximising your tax refund involves more than just gathering receipts; it requires active management and tracking of your expenses throughout the year. TaxFox makes this easy with its real-time dashboard, which keeps track of your expense deductions and tax refund amount, ensuring you can actively boost your tax refund. Your TaxFox Dashboard The TaxFox dashboard is a powerful tool designed to provide a comprehensive overview of your tax-related activities. With real-time updates, you can see exactly how your deductions are impacting your estimated tax refund, allowing you to make informed decisions and maximise your refund. Why Use the TaxFox Tax Dashboard Keeping track of your expenses and understanding their impact on your tax refund can be challenging. The TaxFox dashboard simplifies this process, giving you a clear and immediate view of your financial standing and potential refund. How TaxFox Helps You Maximise Your Refund Real-Time Expense Tracking: Log your expenses as you incur them, and watch as your dashboard updates in real-time. This immediate feedback helps you see how each expense contributes to your overall deductions and tax refund. Detailed Overview: The dashboard provides a detailed breakdown of all your logged expenses, categorised for easy reference. Whether it's work-related travel, home office expenses, or educational costs, you can see how each category contributes to your refund. Estimated Tax Refund: One of the standout features of the TaxFox dashboard is the estimated tax refund calculator. As you add more deductions, the dashboard updates your estimated refund amount, giving you a clear picture of how much you can expect back from the ATO. Personalised Insights: Based on the data you log, TaxFox provides personalised insights and suggestions for additional deductions you might be eligible for. This ensures you don’t miss out on any potential tax savings. Easy Export for Tax Filing: When it’s time to file your tax return, easily export all your expense data and summaries directly from the dashboard. This feature simplifies the filing process and ensures you have all the necessary documentation. Benefits of Using the TaxFox Dashboard Maximise Your Refund: By actively tracking your expenses and seeing their impact in real-time, you can ensure you’re claiming every possible deduction and maximising your tax refund. Save Time and Reduce Stress: The real-time updates and detailed breakdowns save you the hassle of last-minute calculations and reduce the stress associated with tax season. Stay Informed: The dashboard keeps you informed about your financial standing, helping you make better decisions throughout the year. TaxFox offers a range of plans to suit different needs BASIC (Free): Save 12 tax-deductible expense receipts. Log up to 20 work-from-home days. Save up to $1,000 worth of deductions. Link 2 bank accounts. Save up to 15 trips for work vehicle. Ideal for anyone working from home less than 1 month in the year. SMART ($8/month, billed annually): Store 24 expense receipts per year. Log up to 80 work-from-home days. Save up to $2,000 worth of deductions. Link unlimited banks and accounts. Save up to 60 trips for work vehicle. Ideal for employees with expenses, employees working from home at least 1 day per week, and easily preparing for tax return lodgements. GENIUS ($13/month, billed annually): Store unlimited expense receipts per year. Log unlimited work-from-home days. Save unlimited value of deductions. Link unlimited banks and accounts. Save unlimited trips for work vehicle. Ideal for claiming every dollar of eligible tax refund, DIY tax return lodgers, entrepreneurs and self-employed, and employees with a home office or working from home more than 1 day per week. Try TaxFox Today! Don’t wait until the last minute to manage your tax deductions. Use TaxFox’s real-time dashboard to track your expenses and maximise your tax refund throughout the year. Download TaxFox today on   Android  or   iOS , and take control of your tax return. For more information, visit   www.taxfox.com.au  or follow us on   Instagram ,   Facebook , and   LinkedIn .

Many Australian taxpayers miss out on significant refunds every year simply because they are unaware of all the deductions they can claim. Don't be one of them! Use the TaxFox app to discover and claim all eligible expenses, ensuring you maximise your tax refund. There are several reasons why tax payers miss out on their refunds: Lack of Knowledge: Many are unaware of all the deductions they are entitled to. Poor Record-Keeping: Without proper documentation, it’s easy to forget deductible expenses. Complex Tax Rules: Navigating the intricacies of tax laws can be challenging and overwhelming. How TaxFox Helps You Claim More: Comprehensive Deduction Finder: TaxFox’s AI-powered Refund Finder scans your transactions to identify potential deductions, ensuring you don't miss any eligible expenses. Personalised Claims Checklist: Receive a customised list of common expense deductions specific to your occupation. This checklist makes it easy to see what others in your field are claiming and helps you keep track of your deductible expenses. Real-Time Tracking: The TaxFox dashboard keeps track of your expenses and estimated tax refund amount in real-time. This feature helps you actively monitor and boost your tax refund throughout the year. Easy Expense Logging: Log your expenses as you incur them. TaxFox provides an intuitive interface for recording and categorising expenses, making tax time less stressful. Secure and Confidential: TaxFox adheres to Australian banking standards and laws, offering bank-grade security to ensure your data is secure, private, and confidential. TaxFox offers a range of plans to suit different needs: BASIC (Free): Save 12 tax-deductible expense receipts. Log up to 20 work-from-home days. Save up to $1,000 worth of deductions. Link 2 bank accounts. Save up to 15 trips for work vehicle. Ideal for anyone working from home less than 1 month in the year. SMART ($8/month, billed annually): Store 24 expense receipts per year. Log up to 80 work-from-home days. Save up to $2,000 worth of deductions. Link unlimited banks and accounts. Save up to 60 trips for work vehicle. Ideal for employees with expenses, employees working from home at least 1 day per week, and easily preparing for tax return lodgements. GENIUS ($13/month, billed annually): Store unlimited expense receipts per year. Log unlimited work-from-home days. Save unlimited value of deductions. Link unlimited banks and accounts. Save unlimited trips for work vehicle. Ideal for claiming every dollar of eligible tax refund, DIY tax return lodgers, entrepreneurs and self-employed, and employees with a home office or working from home more than 1 day per week. Try TaxFox Today! Don’t miss out on significant refunds this tax season. Use the TaxFox app to identify and claim all eligible deductions, ensuring you get the maximum tax refund possible. Download TaxFox today on   Android  or   iOS , and take control of your tax return. For more information, visit   www.taxfox.com.au  or follow us on   Instagram , Facebook , and   LinkedIn .

Understanding how much you can get back from your tax return is crucial for effective financial planning. TaxFox simplifies this process with its powerful Tax Calculator, allowing you to estimate your potential refund effortlessly. With the app's auto-tracking feature, you can monitor your claims and see your progress in real-time. Why Use the TaxFox Tax Calculator? Many taxpayers are uncertain about their potential refunds due to the complexity of tax laws and the multitude of deductions available. The TaxFox Tax Calculator demystifies this process by providing an accurate estimate of your refund based on your logged expenses and income. How the TaxFox Tax Calculator Works: Easy Setup: Begin by entering your income and any known deductions into the TaxFox app. The intuitive interface makes it simple to input the necessary information. Automatic Tracking: As you log expenses throughout the year, the TaxFox app automatically tracks and categorises your claims. This feature ensures that all potential deductions are accounted for, giving you a clear picture of your tax situation. Real-Time Estimates: The Tax Calculator provides real-time updates on your estimated refund. As you add more deductions, you’ll see your potential refund grow, helping you stay informed and motivated to keep accurate records. Comprehensive Overview: Get a detailed breakdown of your deductions and see how each one impacts your overall refund. This transparency helps you understand where your refund is coming from and how to maximise it further. Benefits of Using the TaxFox Tax Calculator: Accurate Refund Estimates: With real-time calculations based on your logged expenses, you can trust that the estimated refund provided by TaxFox is accurate and up-to-date. Save Time and Reduce Stress: The automated tracking and categorisation of expenses save you the hassle of manual calculations, making tax season less stressful. Maximise Your Refund: By regularly updating your expenses and seeing the immediate impact on your refund estimate, you can ensure you’re claiming every eligible deduction and maximising your refund. TaxFox offers a range of plans to suit different needs BASIC (Free): Save 12 tax-deductible expense receipts. Log up to 20 work-from-home days. Save up to $1,000 worth of deductions. Link 2 bank accounts. Save up to 15 trips for work vehicle. Ideal for anyone working from home less than 1 month in the year. SMART ($8/month, billed annually): Store 24 expense receipts per year. Log up to 80 work-from-home days. Save up to $2,000 worth of deductions. Link unlimited banks and accounts. Save up to 60 trips for work vehicle. Ideal for employees with expenses, employees working from home at least 1 day per week, and easily preparing for tax return lodgements. GENIUS ($13/month, billed annually): Store unlimited expense receipts per year. Log unlimited work-from-home days. Save unlimited value of deductions. Link unlimited banks and accounts. Save unlimited trips for work vehicle. Ideal for claiming every dollar of eligible tax refund, DIY tax return lodgers, entrepreneurs and self-employed, and employees with a home office or working from home more than 1 day per week. Try TaxFox Today! Don't leave your tax refund to chance. Utilise the TaxFox Tax Calculator to estimate your potential refund effortlessly and track your progress throughout the year. Download TaxFox today on   Android  or   iOS , and take control of your tax return. Contact: For more information, visit   www.taxfox.com.au  or follow us on   Instagram ,   Facebook , and   LinkedIn .

Preparing for tax season can be daunting, but with TaxFox’s Tax-Ready Inbox, you can stay organised and ensure you have everything you need to lodge your tax return. This feature helps you check off essential tasks, keeping you on track and ready for a stress-free tax season. Why Use the Tax-Ready Inbox? Many taxpayers feel overwhelmed during tax season due to poor organisation and incomplete documentation. The Tax-Ready Inbox provides a clear and structured approach to organising your tax-related tasks, making it easier to stay on top of your tax obligations and maximise your refund. How the Tax-Ready Inbox Works: Personalised Checklist: TaxFox creates a personalised checklist based on your occupation and financial activities. This checklist includes common tasks and reminders tailored to your specific tax situation. Task Tracking: Track your progress as you complete each task on your checklist. The Tax-Ready Inbox provides a clear overview of what’s done and what still needs attention. Document Organisation: Store and organise all your tax-related documents in one place. Upload receipts, invoices, and other necessary paperwork directly to the app, ensuring everything is easily accessible when you need it. Automated Reminders: Set up automated reminders for important deadlines and tasks. TaxFox will notify you when it’s time to complete a task, helping you stay on schedule and avoid last-minute stress. Benefits of Using the Tax-Ready Inbox Stay Organised: Keep all your tax-related tasks and documents in one place, making it easier to manage and complete them on time. Reduce Stress: With a clear checklist and reminders, you can approach tax season with confidence, knowing you’re fully prepared. Maximise Your Refund: By ensuring all tasks are completed and documents are organised, you can maximise your deductions and boost your tax refund. Key Tasks to Check Off Gather Income Statements: Ensure you have all necessary income statements from employers, banks, and investment accounts. Track Work-Related Expenses: Log all work-related expenses, including travel, home office supplies, and education costs. Organise Receipts: Upload and categorise receipts for deductible expenses. Review Deduction Eligibility: Use the personalised checklist to review potential deductions specific to your occupation. Set Up Reminders: Schedule reminders for important tax deadlines and tasks. Export Documents: When you’re ready to file, export all necessary documents and summaries directly from the app. TaxFox offers a range of plans to suit different needs BASIC (Free): Save 12 tax-deductible expense receipts. Log up to 20 work-from-home days. Save up to $1,000 worth of deductions. Link 2 bank accounts. Save up to 15 trips for work vehicle. Ideal for anyone working from home less than 1 month in the year. SMART ($8/month, billed annually): Store 24 expense receipts per year. Log up to 80 work-from-home days. Save up to $2,000 worth of deductions. Link unlimited banks and accounts. Save up to 60 trips for work vehicle. Ideal for employees with expenses, employees working from home at least 1 day per week, and easily preparing for tax return lodgements. GENIUS ($13/month, billed annually): Store unlimited expense receipts per year. Log unlimited work-from-home days. Save unlimited value of deductions. Link unlimited banks and accounts. Save unlimited trips for work vehicle. Ideal for claiming every dollar of eligible tax refund, DIY tax return lodgers, entrepreneurs and self-employed, and employees with a home office or working from home more than 1 day per week. Try TaxFox Today! Stay organised and stress-free this tax season with TaxFox’s Tax-Ready Inbox. Check off essential tasks, keep track of your documents, and be fully prepared to lodge your tax return. Download TaxFox today on   Android  or   iOS , and take control of your tax return preparation. For more information, visit   www.taxfox.com.au  or follow us on   Instagram ,   Facebook , and   LinkedIn .

Tax season can be a stressful time, filled with the complexities of managing receipts and calculating deductions. Whether you rely on a tax agent or prefer to handle your tax returns on your own, TaxFox offers a solution that can ease this burden. Introducing the TaxFox Export Feature The TaxFox app comes equipped with an export feature designed to streamline your tax return process. With this feature, you can generate a comprehensive summary of all your tax deductions with just a few clicks. This not only saves you money on accounting fees but also reduces the time and hassle typically associated with preparing your tax returns. Benefits of the TaxFox Export Feature: Comprehensive Summaries: Get detailed summaries of all your tax-deductible expenses. Cost Savings: Reduce the need for expensive accounting services by having all your deductions organized and summarized. Time Efficiency: Spend less time sifting through receipts and more time on what matters most to you. Hassle-Free Accounting: Eliminate the headaches of manual bookkeeping and ensure you never miss out on eligible deductions. How It Works Simply log your expenses throughout the year using the TaxFox app. When tax season arrives, use the export feature to compile all your logged deductions into a neat, organized report. You can then provide this report to your tax agent or use it to file your taxes yourself, ensuring you maximize your refund with minimal effort. Why Choose TaxFox? TaxFox is dedicated to helping Australians claim every dollar of their eligible tax refund. With features like the export tool, we make it easier for you to navigate the complexities of the tax system and secure the best possible outcome for your financial situation. Don't let tax season overwhelm you. Download the app now on   Android  or   iOS  and start saving time and money on your tax returns.