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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MORE than three million small businesses could be eligible for a tax cut this financial year after federal parliament agreed to lower the tax rate for all companies with a turnover of $10 million or less to 27.5 per cent.
With dramatic changes to superannuation just 10 weeks away, family trusts are becoming more popular as the "next best" investment vehicle for those who have more to invest than the new super rules will allow. Financial advisers note a marked increase in clients wanting to set one up, either dismayed by how little they'll be able to get into super after July 1 or fed up with government changes to retirement savings.
The new financial year will soon be here which comes with it the annual obligation to submit our income tax return by 31 October. For many of us, the process is as painful as having your teeth pulled but the rewards can be great. Dr Adrian Raftery, an Associate Professor at Deakin University and author of 101 Ways to Save Money on Your Tax - Legally! 2017-2018 edition (Wiley, June 2017, AU$25.95) shares with us seven common mistakes to avoid when doing your tax this year.
A buy-now-pay-later mentality has left many high-debt households vulnerable
With many bank balances worse for wear after the holiday season, a Deakin University financial planning expert says now is a good time to get on top of money matters and plan to be in better financial health by Christmas 2017.
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