Four weeks might not seem like a long time but what you do this month could have a significant impact on your upcoming tax bill or refund. Yes, June 30 is rolling around again and along with getting your shoebox out and paperwork organised, the coming weeks represent a last-chance opportunity to organise your affairs to save on tax.
Like many landlords, Cleo Glyde always believed property investing was a reliable way to make money – it's stable, simple and it comes with hefty tax breaks. Now she's not so sure.
While many savvy retailers are great at tricking people into spending money at this time of year purely to get a tax deduction, there are genuine ways to spend for a better tax refund.
Unprecedented numbers of us have had to work from home this year and for many, navigating what to claim as allowable tax deductions is perplexing. Moreover, any resultant tax refund is especially important for those who have had their hours reduced, pay rate slashed or lost their jobs altogether and need this money now more than ever.
Every dollar counts right now so don't be afraid to fight for what you're entitled to when it comes to your deductions, says tax expert Dr Adrian Raftery.

comments-rhsLatest Comments

  • "Great insights on tax-saving strategies! Planning ahead before June 30 is crucial for maximizing returns. Thanks for the valuable tips!"

    By: SavePlus UAE at Feb 13, 2025 3:05PM

    Post: Tax-saving strategies to get in place before June 30

  • "Hi, I’m wanting some advice on setting up my new Personal Training business and the need to purchase a car that’s reliable and able to carry all my equipment. Can I claim the cost I pay for the car..."

    By: Kate Miller at Nov 22, 2023 10:30AM

    Post: Claiming car expenses

  • "Hello Mr Taxman. I am an American and live in America. I have a Forex trading account with Trade Nation in Australia. I have done well and made some profits. The total account is 42k with around 27k..."

    By: Bill at Oct 09, 2023 8:54PM

    Post: Foreign currency trading

  • "Hi, I work from home however I'm occasionally asked to go to my employer's home and work from her house. Can I claim this travel? "

    By: Erin at Aug 01, 2023 9:51AM

    Post: Claiming car expenses

  • "Hi, What is the protocol for claiming tax on my personal trailer which is used by my work for all general maintenance work on a full time basis. Thanks Lee."

    By: Les Wilkinson at Jul 09, 2023 5:35AM

    Post: Claiming car expenses