Thinking about tax can be \u2026 taxing (see what we did there!) – but it is a vital topic to wrap your head around, especially as you enter the workforce.<\/p>\n
Even if you\u2019ve found a casual or part-time job, or maybe you\u2019re even picking up some freelance gig work and earning a little side income – chances are you\u2019ll need to consider if you need to pay tax and how much.<\/p>\n
For another instalment of their Young Money series, Findex<\/a> is helping you understand everything you need to know about this important topic.<\/p>\n When you earn an income, you\u2019ll begin contributing towards tax<\/a>.<\/p>\n This is a sum of money deducted from your pay that goes towards supporting essential services in our communities, including:<\/p>\n The tax deducted from your pay depends on how much you earn. Tax brackets are set across different pay scales, so if you earn more, you\u2019ll pay a higher tax percentage.<\/p>\n Think of it as the contribution you make towards maintaining a functioning, healthy society that we all need to use at some point.<\/p>\n Young Money<\/a> is the one-stop reference for young Aussies seeking information on making money, spending money and planning for the future. These short podcasts introduce you to various guests who can offer the best advice for getting – and staying – on top of your finances.<\/p>\n This episode of Young Money invites you to sit down with Pip Conn to discuss all things tax, including:<\/p>\n Pip is a business adviser and practices in the accounting and tax advisory space, specialising in agriculture, health and retail trade.<\/p>\nWhat Is Tax?<\/strong><\/h4>\n
\n
Tax Simplified with Pip Conn<\/strong><\/h4>\n
\n