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
  • click to visit Mr Taxman on Twitter
  • click to visit Mr Taxman on FaceBook
  • rss

The dangers of DIY tax

Aug 03, 2014

MILLIONS of taxpayers who do their own tax returns are being warned to watch out for the traps that can be costly at this time of the year.
Do you drive for work purposes? Although in most cases you can't claim the expense of your daily commute on your taxes, if you use the car while performing your work duties you may have a valid deduction. It's worth taking a closer look at how and when you can deduct car-related expenses, in order to potentially save a bundle on transport.
The Commonwealth Bank has moved to tighten up the education standards of its financial planners, in a pre-emptive move to get changes in place ahead of likely formal obligations down the track.
BUMPER returns on retirement savings have delivered double-digit growth for fund members but making slight tweaks to accounts can also help add thousands of dollars to your balance.
SELF-MANAGED super funds have slammed proposals to cap the amount wealthy investors can accumulate in the tax-advantaged funds at $2.5 million.
Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 Next 

Media Availability

Are you interested in booking Mr Taxman for a speaking engagement or requesting his viewpoints for an article?

comments-rhsLatest Comments

  • "BETTERMENT FUNDING {bettermentfunding@gmail.com} Hi everyone, i am Alexis Ohanian am so glade coming back to this great forum to testify about the help i received from Chester Brian. I was in..."

    By: Alexis Ohanian at Dec 13, 2017 6:00AM

    Post: Essential accounting tips for small business owners

  • "Hi. I am a care worker and most of the time I drive my own vehicle due to there not veing enough company vehicles. I have to carry ppe and a first aid kit with me. I don't need to go to the office..."

    By: Danni at Dec 11, 2017 2:32AM

    Post: Claiming car expenses

  • "Hi, My question relates to claiming a tax deduction on a new mortgage for shares already held. It feeds into a decision I'm making about selling the shares to pay down the mortgage or, in the..."

    By: Ryan at Dec 09, 2017 4:16AM

    Post: Borrowing to buy shares

  • "I have redrawed money from my home loan to buy shares over the last couple of years. I would now like to split my loan to make claiming interest simpler at tax time. My total cost for my shares held..."

    By: Simon at Nov 24, 2017 2:26AM

    Post: Borrowing to buy shares

  • "Hi, I would like to ask about the toll expense. Can we claim the gst back when we do quarter BAS? Thank you "

    By: Tommy at Nov 23, 2017 5:33AM

    Post: Claiming car expenses