Mr Taxman
Change the way you feel about taxes.
Get informed and discover what the taxman doesn't want you to know.
Sharing it with Australia, Mr Taxman is a regular Woman’s Day columist and TV finance commentator
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The bottom line with negative gearing is that your investment is making a loss, and those banking on windfalls down the track are playing a risky game, writes Andrew Robertson.
While other 70-year-olds may be planning exotic cruises or luxurious overseas holidays, state government veterinarian Colin McQueen continues to clock in at the Ararat export abattoir as he works to pay off the last of the three homes he bought in Melbourne's inner northern suburbs for his adult children. But he is far from bitter. Read more: http://www.afr.com/real-estate/residential/how-to-help-your-kids-get-into-the-property-market-20151109-gkudlv#ixzz3wcmiaXDB Follow us: @FinancialReview on Twitter | financialreview on Facebook
IT sounds like something from a spy movie, but instead of James Bond, it’s coming from the Australian Taxation Office.
Opposition Leader Bill Shorten says Treasurer Scott Morrison should focus on winding back generous superannuation tax breaks for millionaires if he is serious about fixing loopholes in the retirement system.
Lack of clarity around the transitional arrangements for 22,500 existing financial planners, in light of the Federal Government's move to impose new minimum education standards on new planners, could risk them exiting the industry, a financial services training provider said.
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