Money Magazine's Book of the month: 101 Ways to Save Money on Your Tax - Legally!

Jun 05, 2014

Tax expert Adrian Raftery has released his latest edition of 101 ways to save money on your tax – legally to help you minimise your tax debt while maximising your return. Raftery is one of the youngest Australian accountants to advance to Fellowship with the Institute of Chartered Accountants, at the age of 33. He is a senior lecturer at Deakin University and appears in the media talking about all matters relating to tax and finance.

Individuals who own an investment property, have a family, work as an employee or run their own business will benefit from reading this book. Raftery also incorporates the latest changes to tax legislation as a result of the May federal budget, so you’ll be up to speed on the latest amendments.

Throughout the book, Raftery offers handy tips, tax facts, pitfalls, FAQs and proposed changes for different scenarios. The book is broken into nine parts, starting with you and your family, your employment, education, investment property, shares, superannuation and your business. Miscellaneous encompasses topics such as overseas income, lodging your tax return, problems paying your tax and amending returns.

Money has 10 copies to give away. See the June 2014 issue for more details.

This article first appeared in the Money Magazine here.

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  • "Yes you show the km allowance as taxable income and then you can also make a claim for your car travel. Under the cents per kilometre method you are limited to the first 5000km. So if you get..."

    By: Mr Taxman at Jun 04, 2025 11:57PM

    Post: Claiming car expenses

  • "No would not be able to claim the Uber home nor to the station the next day. The trip to the off-sit meeting would be claimable."

    By: Mr Taxman at Jun 04, 2025 11:55PM

    Post: Claiming car expenses

  • "Depends on your finance type ... if you takeout a lease then the lease payment forms part of your costs (but no depreciation can be claimed) ... if you takeout a Hire Purchase or a Loan then only the..."

    By: Mr Taxman at Jun 04, 2025 11:54PM

    Post: Claiming car expenses

  • "The cost of the trailer itself could be depreciated - usually over 8 years. Assuming no personal usage with it then 100% of that depreciation plus annual rego could be claimed."

    By: Mr Taxman at Jun 04, 2025 11:50PM

    Post: Claiming car expenses

  • "That would be a non-deductible trip unfortunately Erin"

    By: Mr Taxman at Jun 04, 2025 11:48PM

    Post: Claiming car expenses