Book description
As featured on The Project (Channel Ten), A Current Affair (Channel 9), ABC Radio and in Money Magazine.
Stop giving your money away!
You work hard for your money, and you work even harder to set and keep a budget that makes the most of it. But when tax time arrives, do you feel shorted on your return? Nearly everyone has to pay taxes, but the government is only entitled to so much of your money. You might be letting them keep hundreds or even thousands of dollars that rightfully belong to you. No matter what your accounting habits have been so far, you can still claim what's yours.
101 Ways to Save Money on Your Tax—Legally! updated for 2014 – 2015 is your ultimate guide to maximising your return. Author Adrian Raftery, a.k.a. Mr. Taxman, is Australia's leading personal taxation expert. In the book, Raftery provides the information you need to get back every single dollar you're entitled to, plus tips and tricks that help you get the most out of deductions related to:
You, your family, and your property
Education, employment, and small business
Investment property, shares, and superannuation
Special circumstances, including medical expenses and levies
The book also contains advice on related matters, including tax-effective investments, tax planning, and how to find a great accountant. All information has been updated to reflect tax law changes wrought by the May 2014 budget. If you're tired of paying too much tax and seeing too little return, 101 Ways to Save Money on Your Tax—Legally! Updated for 2014 – 2015 is your comprehensive guide to putting things right, starting now.
Table of contents
- About the author
- How to use this book
- Introduction
- Part I You and your family
- Part II Your employment
- Part III Your education
-
Part IV Your investment property
- 38 Negative gearing
- 39 Interest
- 40 Depreciation
- 41 Low-value pooling
- 42 Repairs and maintenance
- 43 Travel to see your investment property
- 44 Borrowing expenses
- 45 Legal expenses
- 46 Other rental property deductions
- 47 Foreign investment properties
- 48 Capital gains tax
- 49 PAYG withholding variation
- 50 Property genuinely available for rent
-
Part V Your shares
- 51 Dividends
- 52 Franking credits
- 53 Dividend reinvestment plans
- 54 Lower income earners
- 55 Borrowing to buy shares
- 56 Other allowable deductions
- 57 Shares and capital gains tax
- 58 Realising capital losses
- 59 Inheriting share portfolios
- 60 Share traders versus share investors
- 61 Rights and options
- 62 Employee share schemes
- 63 Share portfolios within self managed superannuation funds
-
Part VI Your superannuation
- 64 Contribution limits
- 65 Compulsory employer contributions
- 66 Salary sacrifice
- 67 Super co-contribution
- 68 Transferring foreign super
- 69 Self managed superannuation funds
- 70 Buying property within SMSFs
- 71 Gearing through a super fund
- 72 Accessing your super
- 73 Transition to retirement
- 74 Allocated pensions
- 75 Death benefits
- 76 Lost or unclaimed super
- Part VII Your business
-
Part VIII Miscellaneous
- 90 Overseas income
- 91 Getting a great accountant
- 92 Lodging your tax return
- 93 Amending returns and objecting to assessments
- 94 ATO data matching
- 95 Problems paying your tax
- 96 Medical expenses tax offset
- 97 Levies
- 98 Zone and overseas forces tax offsets
- 99 Tax-effective investments
- 100 Tax planning as a 365-day process
- 101 Just do it!
- Glossary
- Bibliography
- Index
- Learn more with practical advice from our experts
- End User License Agreement
Product information
- Title: 101 Ways to Save Money on Your Tax - Legally! Updated for 2014-2015
- Author(s):
- Release date: August 2014
- Publisher(s): Wrightbooks
- ISBN: 9780730310372
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