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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Yesterday the Assistant Treasurer, Kelly O’Dwyer, released a statement on “progressing professional standards reforms”. Well, it’s progress of a sort – if progress can be defined as delaying something by several years.
When Kylie met Amee they became BFFs, but neither foresaw the tragedies that would test their friendship and lead one to make the priceless offer: "I'll carry your baby".
You may have heard recently that you can claim your handbag on your tax bill. Like many others who have called their accountants in the past month, it may have prompted you to ask "what else can I claim this year?"
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
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comments-rhsLatest Comments

  • "If i used a line of credit to purchase the shares, what documentation do I need to prove the loan was used for investments? Does it matter that I also have a home loan for a owner-occupied home? "

    By: Brad at Oct 18, 2017 9:02AM

    Post: Borrowing to buy shares

  • "HI Mr Taxman, I am part time UBER driver. Since my full time job salary is high and my wife is unemployed, can I get my wife buy a car and rent to me? Each week I pay part of my UBER income as car..."

    By: Peter at Oct 17, 2017 3:42AM

    Post: Marriage

  • "Hi Mr Taxman, great page and comments. I have a question about Bitcoin. Given that Bitcoin is a 'currency', if I am effectively holding bitcoin in a wallet/account (not trading, just buying and..."

    By: MDL at Oct 16, 2017 7:30PM

    Post: Foreign currency trading

  • "Hi, I moved to Australia in Feb 2016 and settled in Sydney. In July i got job in Newcastle but could not move there with family so opted the option of acquiring a temporary accommodation and going to..."

    By: Syed Sajjad Raza at Sep 23, 2017 2:37AM

    Post: Claiming car expenses

  • "Hi Mr. Taxman, I've been doing full-time FX trading for a few years.. on average about 50k USD a year in expenses and 250k - 500k USD a year in pnl. In the US I can deduct expenses and pay around..."

    By: liqdub at Sep 21, 2017 8:34AM

    Post: Foreign currency trading