Full of pre-election goodies, the coalition government has used its generous baby boomer and pensioner package within the Budget to hit back at what it regards as Labor policies designed to "attack retirees". Based on the robust assumption that recent ...
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This is the unlikely, but true story of a man who had none of the qualities considered necessary for an entrepreneur - no eccentric IT genius - nor money-market marvel - nor the innovator/creator of a new market. Instead, Alan Manly was a hard-working ...
1. The three rules of tax deductions We claim around $22 billion each year for work-related expenses. It's a big number and the ATO will be focusing on exactly what claims are being made. There are three golden rules when it comes to claiming work deductions. ...
If you have money in a fund that is performing poorly, at some stage you may decide it is time to cut your losses. And as the end of the tax year looms, many investors will probably think it is a good time to sell a dud so they can reduce their tax ...
The end of the financial year is looming and though there might not be a lot of time, there are a number of things you can do between now and June 30 that may put some money back in your pocket. Many of these relate to your super. Maximise your contributions ...
Record numbers of Australians will buy a new car in the next 30 days as customers drive home end of financial year deals. The two strongest sales months in Australian automotive history took place in June 2016 and June 2017, a trend expected to continue ...
Generous it might be but the Australian Tax Office goes to great lengths to police the tax system for property owners and every year thousands of Australians find themselves audited by the taxman for questionable claims or dodgy deductions. Tax law ...
Make talk cheap We spend an average of $77 a month on mobile plans - more than double the average spent on prepaid plans. It means hanging onto your old phone and switching to prepaid could see you save $50 a month. But there are other ways to save. ...
1. How do I access my credit score? By Steve Brown, director of bureau engagement with illion A free credit score from illion can be obtained by visiting creditsimple.com.au. Other providers include creditsavvy.com.au and getcreditscore.com.au. Credit ...
Every year about this time, the tax office announces its compliance hotspots for the year ahead. These are the areas where it will concentrate its audit firepower, and for those who are making claims this can be a wake-up call both to ensure that you ...
