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What’s The Tax Benefit Of A Negatively Geared Property?
With a negatively geared property, you’re going to have generated a loss, and that loss is then used to reduce your taxable income and increase your tax refund at the end of the year.
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Super Splitting With Your Spouse
Super splitting is important when one member of a couple has a much higher super balance. It is also beneficial for couples that have a large age gap between them. Also, people with relatively low superannuation amounts will benefit from the ability to split super contributions with their spouse.
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How Much Can I Save By Purchasing Property In A SMSF?
Quite a few years ago, I did some calculations on having a geared property within super versus a market linked ungeared fund portfolio.
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8 Tips To Reduce The Cost Of A Funeral
Granted – it’s not all about the money. But for many people, cutting costs on a funeral is important for their own lifestyle and welfare. Let’s look at some of the ways you can manage the costs. In my humble opinion, these tips seem pretty reasonable.
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New Rules For Gift Card Expiry Dates
In Australia, around 34 million gift cards are sold each year with an estimated value of $2.5 billion. On average, an estimated $70 million is lost because of expiry dates.
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Thinking About Buying Off The Plan? Read This First.
In a rising property market, it can also prove a lucrative investment – but not always. If you’re considering it, be prepared and ask yourself these five questions first.
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Changes to Courier and Cleaning Services Reporting
If you are a business that provides cleaning or courier services, you will now need to lodge a Taxable Payments Annual Report (TPAR) to inform the ATO about your payments to contractors.
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Important Tax Dates: December 2018
Dates to remember in December..
December 21 – November Monthly Instalment Activity Statement (IAS) due
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