Race on to soften federal budget's tax blow

May 14, 2011

Tags: Budget, Children, Deductions, Family, Personal tax, SMSF, Super

Higher-income earners can minimise the impact of the federal government's budget tax hikes and welfare cutbacks by deferring income, prepaying expenses and possibly splitting superannuation contributions with their spouse, according to tax experts.

Eight ways to beat the taxman

Jun 01, 2011

Tags: 101 Ways, Borrowing, CGT, Deductions, Family, Pensions, Personal tax, Property, Shares, SMSF, Super

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.

'The property investment party is over'

Jun 12, 2020

Tags: Accountant Melbourne, Accountant Sydney, Borrowing, CGT, Chartered Accountant, Coronavirus, COVID-19, Deductions, Personal tax, Property, Retirement

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.

What to know about your 2020 tax returns when working from home

Jun 15, 2020

Tags: Accountant Melbourne, Accountant Sydney, Chartered Accountant, COVID-19, Deductions, Employees, Home Office, Personal tax, Travel

With an onslaught of extra people working from home thanks to COVID-19, tax-time in 2020 could look a little different from previous years.

You have one week to ensure a bigger tax refund

Jun 23, 2020

Tags: 101 Ways, Accountant Melbourne, Accountant Sydney, Borrowing, COVID-19, Deductions, Education, Employees, Property, Super

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.

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