The financial penalty for not taking out private health insurance by the time you are 30 is about to get harsher.
Peter Freeman
 | Peter Freeman is a former managing editor of The Australian Financial Review. He runs his own self-managed super fund. |
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Anyone thinking of making use of bitcoins, an unregulated digital currency, should take careful stock of the risks.
The Gillard government has made cuts to a wide range of tax benefits, including fringe benefit tax concessions.
Don't expect a big lift in super fund returns - or long awaited super reforms - any time soon.
There is concern that the tax summit proposed for early next year will result in some painful tax changes.
The tax office can sometimes be a bit heavy-handed in its regulation of self-managed super.
New rules that came into force in June are likely to cut the tax offset some people receive in the 2009-10 and later financial years.
The decision by the federal government to lift the threshold for the Medical Expenses Offset to $2000 means fewer taxpayers will qualify in 2010-11.
The latest federal budget has reminded investors interested in using a capital protected loan to take full account of the special tax rules that apply.
It's not fair to subsidise a fellow diner's surf 'n' turf while you're sipping on soup of the day, so how do you negotiate split bills at restaurants?
