Archive for December, 2008

Property tax calculators

PTI Returns has recently launched property tax calculators that can estimate your taxes on purchase, sale and rental income. Currently calculators are available for the following countries: Spain, Portugal, Germany, Poland, France, Hungary. This new online tool is particularly useful for initial research on buying...

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No more tax returns in Australia?

A major overhaul of the Australian tax system could make personal tax returns a thing of the past. The new tax system will be designed around simplicity and effectiveness; however no steps will be taken until the end of 2009. Article on ninemsn.com.au...

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Spanish wealth tax scrapped

Wealth tax in Spain will no longer be collected from foreign and domestic property owners. This means the spanish property tax liability will drop 0.5 to 2.5%, depending on your circumstances. Wealth tax is still due for 2007 though. Wealth tax removal is one of a number...

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Visit our new office in Sydney

Taxback.com’s brand new office in Sydney is now open and providing an even better service to our customers in Australia. Our new office is just next to the Sydney Town Hall Station and we have free internet access for all our customers. Come down and...

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Superannuation for working holiday makers

Australian superannuation is designed to help retirees maintain a better lifestyle when they finish work. It is not a pension, but rather a supplement to the pension. Super contributions are paid by the employer and are currently 9% of the total earnings. If you’re a working...

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How far do US taxes go?

Did you know that back in 1913 the income tax rates in the US started at only 1% and went up to only 7% for the highest earners? It was about that time when form 1040 become standard for declaring income and this form remains...

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More duty-free for travellers to UK

Good news for your holiday shopping – if you’re travelling to the UK from outside the EU you can now bring in more gifts, souviners and alcohol as UK tax and duty-free allowances have been increased. The new UK duty-free allowance for gifts and souviners has doubled from...

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