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Race on to soften federal budget's tax blow

May 14, 2011

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.

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Tags: BudgetChildrenDeductionsFamilyPersonal taxSMSFSuper

Author: The Australian

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