211 results tagged "tax":
what to do if you get audited by the ato

What to do if you get audited by the tax office this year

While a lot of Australians are doing it tough in this post COVID-19 world, the ATO is still warning taxpayers they will be ramping up audits for dodgy tax return claims in 2020. Each year the ATO contacts about 2 million taxpayers about their tax returns ... More
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prepay margin loan interest

Should I prepay my margin loan before June 30?

Paying loan interest in advance can be a smart tax strategy. As margin loans are used to invest in shares, the loan interest can normally be claimed on tax. Better yet, it's possible to claim up to 12 months' worth of interest paid in advance, bringing ... More
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