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Don't be mired by fear

Jun 27, 2008

If that tax-saving strategy you've been offered doesn't quite sound right, it probably isn't.

With just days to go before the tax deadline at the end of the financial year arrives, accountants argue it's not too late to get your business house in order to save on your tax bill.

But the taxman warns to be careful of schemes that are big on tax saving promises.

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Author: The Australian

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  • "Nice article!"

    By: Gurung Ruper at Mar 20, 2019 3:45AM

    Post: Deakin professor slams advisers for ‘laughable’ education excuse

  • "I work as a coach where I need my own ABN. Our location changes each week in which I have to travel to, can I claim these kms "

    By: Grace at Jan 31, 2019 1:41PM

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  • "Thanks for an informative blog. Its really helpful."

    By: James at Jan 30, 2019 7:42AM

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  • "yes you can Peter. The key is demonstrating the original $400k was used to finance share purchases that you currently have."

    By: Mr Taxman at Jan 07, 2019 1:56AM

    Post: Borrowing to buy shares

  • "Hello, I have a line of credit financed against the farm for around 15 years. I only use it to trade shares. I claim all interest and costs, against my other income. The sale of shares including..."

    By: Peter at Jan 06, 2019 2:57AM

    Post: Borrowing to buy shares