ING FAQs FAQs My bank interest is only $10. Does this amount have to be declared? I have just received a letter from the tax office saying that I did not declare some interest from my bank account. What should I do? Do I have to declare income from Centrelink (Newstart, Austudy) on my tax return? I have inherited some money. Is it taxable? My 17 year old son has received $1200 from a trust distribution. Does he have to lodge a tax return? I have shares and received franked dividends this year but have no other income. Do I have to lodge a tax return to get the franking credits refunded to me? I have just moved permanently to Australia. Do I have to pay tax on the money that I have brought with me? I will be going to China for six months and intend to work while I am away. Will I have to pay tax in Australia on the money that I earn overseas? I have started my own business and wonder if I need to register for GST? I run my own business and am wondering how I can minimise my annual tax bill. I am self employed and have paid personal superannuation contributions all year. What can I claim? I have heard that self-employed people can claim the superannuation co-contribution from the government. Am I eligible because I paid money into my super this year and I run my own business? Read more...
