If you earn money from work or investments such as shares or property, you will usually be liable to pay tax on that income. The Australian Taxation Office website has information and tax calculators – you may even be eligible for free help with your tax return. Read more here.
Disclaimer: ACM Group believes that informed consumers are the best consumers. The information contained on this website is general advice aimed at improving financial literacy and breaking the cycle of debt. It is not intended to imply any recommendation or opinion about a financial product.