Rental Properties
Tax Return
From interest to repairs, we maximise your rental deductions the right way.
About PAYG/Salaried Tax Returns
An individual tax return is something that every working Australian needs to do each year. It is basically telling the government how much money you earned and what expenses you had for work. Based on this information, they either give you a refund or ask you to pay more tax.
Most people find tax returns confusing because there are so many rules. You might miss deductions you are allowed to have, or make mistakes that get you in trouble with the tax office.
At Tax NextGen, we take all the confusion away from you. Our tax experts know exactly what you can claim and how to get you the maximum refund possible. We have been doing this for 20 years.
With us, you do not need to worry about making mistakes or missing out on money. We handle everything in just 10 minutes. So, join our community of 2000+ people and get the tax benefits today!
About Rental Property Tax Returns
Do you own a rental property? Then you know it’s not just about collecting rent every month. You also need to tell the tax office about all the money you make and spend on your property each year. This is called a rental property tax return, and it can be pretty tricky to get right.
Most property owners get confused about what they can and cannot claim. Can you claim that new carpet? What about the plumber’s bill? Or those trips to check on your property? If you get it wrong, you might miss out on thousands of dollars in deductions.
At Tax NextGen, we know exactly what rental property owners can claim because we have been doing this for 20 years. We help you claim every single expense you are allowed to have, be it repairs and maintenance or interest and insurance.
Our experts ensure you get the biggest refund possible without any mistakes.So, why stress about complex tax rules when we can handle everything for you?
About Business Tax Returns
Managing business tax returns can be complex and time-consuming, especially with Australia’s ever-changing tax regulations. Whether you are a sole trader, company director, or trust manager, exploring deductions, compliance requirements, and lodgement deadlines presents significant challenges that can impact your business operations and bottom line.
Many business owners struggle with identifying eligible deductions, understanding complex tax legislation, and ensuring accurate record-keeping throughout the financial year. Missing deadlines or making errors can result in penalties and unnecessary stress during already busy periods.
At Tax NextGen, we provide expert tax solutions tailored specifically for sole traders, companies, and trusts. Our experienced team ensures your business tax returns are completed accurately and efficiently.
Let us handle the complexity and focus on growing your business!
About Crypto Tax Returns
Crypto assets, like Bitcoin and NFTs, are digital currencies that you can buy, sell, or trade online. Even though they are digital, the Australian Tax Office treats them like regular investments for tax purposes, not as money.
When you buy, sell, or swap crypto, you may need to pay capital gains tax. If you earn rewards from staking crypto, that counts as regular income. Businesses using crypto might need to treat it as trading stock. Some crypto used for personal purchases might be tax-free under certain conditions.
Understanding crypto tax rules can be confusing with all the different ways to use digital currencies. At Tax NextGen, we simplify crypto tax returns for you. Our experts handle all your crypto transactions, calculate your gains and losses accurately, and ensure you meet ATO requirements without the headache.
About Capital Gains Tax
Sold your investment property, shares, or even some cryptocurrency this year? Congratulations on making money. But now it’s time to work out your tax bill.
Capital Gains Tax (CGT) is not actually a separate tax. It is part of your regular income tax that occurs when you sell assets for more than you paid. Whether it is property, shares, or crypto, the profit you make gets added to your income and taxed accordingly.
Here is where it gets complicated. Calculating CGT involves discount rates, cost bases, and timing rules that can make your head spin. Get it wrong and you could overpay thousands or face penalties from the ATO.
At Tax NextGen, we make Capital Gains Tax simple. Our experts know every rule, discount, and strategy to minimize your tax bill legally. We will calculate your gains, claim all possible deductions, and ensure you keep more of your hard-earned profits.
About Uber & Ride share Tax Returns
If you drive for Uber, Shebah, or other ride-share apps, you are running a business and need to pay taxes on your earnings. You must register for an ABN and GST from your first day of driving, no matter how little you earn.
As a ride-share driver, you need to report all your income, lodge BAS statements, pay GST on fares, and can only claim work-related expenses. You must keep detailed records and split costs between business and personal use. Missing registration or payments can result in penalties.
Managing ride-share taxes can be overwhelming with all the GST rules and record-keeping requirements. At Tax NextGen, we handle your ABN registration, BAS lodgements, and tax returns. We maximize your deductions and ensure you stay compliant with ATO requirements.
About Amended/Late Tax Returns
Did you forget something important on your tax return? Or maybe you did not get the refund you expected? Do not stress. We have all been there.
Life gets busy, and it is easy to miss things when doing taxes. People often forget to include bank interest, income from old jobs, or important deductions like car expenses. Sometimes you might miss tax offsets or rental property costs too
But, there’s some good news! You have two years to fix these mistakes. The ATO understands that people make errors, and they actually encourage you to come forward and fix them.
At Tax NextGen, we make amending your tax return simple and stress-free. We will review your original return, find what’s missing, and lodge the amendment properly. Getting it right means you could get a bigger refund or avoid penalties later.
About Student Tax Return
If you are an overseas student studying in Australia for 6 months or more, you may be considered an Australian resident for tax purposes. This means you need to lodge a tax return and declare the income you earn in Australia.
As an Australian resident student, you get benefits like the tax-free threshold and lower tax rates. If you are a temporary resident, you usually only need to declare Australian income, not overseas income. Your visa type affects what income you must report.
Understanding student tax rules can be confusing, with different visa types and residency requirements. At Tax NextGen, we specialize in student tax returns. We determine your correct residency status, maximize your refunds, and ensure you meet all ATO obligations without the stress.
Rental Property Taxes Got You Scratching Your Head?
Property investment should make you money, not give you headaches. That is why we created a simple video that explains the rental property tax return in an easy way. Watch our experts show you exactly what expenses you can claim, how to avoid costly mistakes, and how to get the biggest refund easily.
Who Do We Help Out?
We Help Property Owners
Own one rental property or ten? We handle them all. Whether you are just starting out or you have been a landlord for years, we know the ins and outs of property tax returns. We ensure you claim every expense, from repairs to interest, so your investment works harder for you.
As a first home buyer, I was clueless about loans and thankfully Nick was able to assist me with all the steps needed to start the process. Very professional and knowledgeable. I will definitely recommend Nick to friends and colleagues.
Sandy Nyugen
Using Accounts NextGen services for my multiple businesses since 2016 (6 years). Very prompt and reliable. Highly recommend. Thanks, guys, hats off to your services and support system.
Swapnil Borlepwar
We Help Companies
Big or small, every company needs tax help. But hiring a full-time expert is expensive. At Tax NextGen, we become your go-to tax team without the big salary. We ensure you get all the savings you deserve and never get any nasty surprises from the tax office.
How We Help
At Tax NextGen, we have a fun little secret to make taxes super easy. It’s called TTS (Team, Tech, and Strategy).
We have an awesome team of tax helpers who love what they do and are ready to be your tax buddy. Our tech is simple and smart. It makes your taxes quick and ready for the future. Moreover, we use a cool plan called Blue Ocean Strategy to find new and easy ways to help you.
Let’s team up, use smart tech, and plan together to make your taxes a piece of cake!
I recently used NextGen to file my taxes, and I was pleasantly surprised by how fast, easy, and convenient the whole process was. As a first-timer, I was a bit nervous about getting everything right, but NextGen made it incredibly straightforward.
Had a good experience with NextGen. They are forward thinking and automate much of the booking of meetings and taking information from you without feeling like your security is being compromised. I enjoyed the transparency of their costs for services.
It has been a great experience getting my tax returns done through Accounts NextGen over the past few years. They are secure, attend to needs and provide with the correct and legitimate consultation.
I had an excellent experience with Accounts NextGen for my tax consultation. Nick and his team provided professional, knowledgeable, and efficient service, making the process seamless and stress-free. Highly recommended.
This is the first time I've used Accounts Next Gen and I was very impressed with the service they provided. I found the team to be friendly and professional; always willing to go the extra mile to help me with my tax concerns.
What Do Clients Say?
From first-timers to last-minute lodgers, our clients love how fast, friendly, and stress-free we make tax time. Here’s what they are saying – unfiltered, unpaid, and 100% real.
Related Resources
Tax Help for Nurses or Midwives
Uniforms, scrubs, stethoscopes, seminars – it all adds up. If you are in healthcare, knowing what you can claim (and what you can’t) could mean serious savings. Click below for a no-nonsense checklist tailored to nurses and midwives.
Tax Help for Fitness and Sports Coaches
From protein shakers to personal bests, not everything makes the deduction list. If you are working across gyms, fields, or courts, it pays you to know what’s claimable. Check out our no-sweat guide built specifically for coaches and fitness professionals.
Tax Help for Engineers
Whether you are building bridges or debugging code, knowing what you can claim can seriously simplify your return. From boots to bulky tools, every deduction adds up. Tap “learn more” to get your custom-built tax checklist – no overengineering needed.
Frequently Asked Questions
1. How much rental income is tax-free?
Rental income up to $18,200 is tax-free in Australia under the tax-free threshold.
2. What rental property expenses can I claim on my tax return?
You can claim most expenses related to earning rental income. It includes property management fees, repairs and maintenance, insurance, interest on loans, council rates, and many more. However, you cannot claim expenses for capital improvements like adding a new room.
3. Can I claim travel expenses when visiting my rental property?
Yes, you can claim reasonable travel costs when visiting your rental property for maintenance, inspections, or tenant meetings. This includes fuel, tolls, and public transport. However, you cannot claim travel expenses if the trips were mainly for personal reasons or if you live in the same city as your property.
4. Do I need to declare rental income if my property made a loss?
Yes, you must declare all rental income on your tax return, even if your expenses were higher than your income. This is actually good news because rental losses can reduce your overall taxable income, potentially giving you a bigger refund from your other income source, like your job.
Get Your Max Tax Back!
We don’t just go through the numbers, we fight for every dollar you deserve. With our maximum and 7-Days Tax Refund Guarantee, you will get the money you are owed faster. No waiting, no wondering.