The taxation implications of a delay in death benefits
The government has announced it will ensure tax isn’t restarted on superannuation investments in the pension phase after death.
How to escape double taxation
Some clarity from the government surrounding the taxation of death benefits means taxes levied will be reduced from three to two.
How to claim the education tax refund
If you qualify for the education tax refund you should hang on to receipts for school uniforms, textbooks, stationery and computer equipment.
How to get to grips with tax treatment of derivatives
The announcement in this year’s budget about the treatment of gains and losses from investment trading by super investors has prompted requests for clarification.
Tax rorts that get you an audit
Minimising your tax might be OK, but start rorting the system and the taxman will be after you.
The best places to put your tax refund
According to the ATO, the average refund issued between July 1, 2012, and August 20, 2012, was $2217. We look at the best place for you to put it.
Time-saving tax tips for SMEs
Doing your tax should not be a last-minute, end-of-year task, say accountants. Keeping accurate records is the key to eliminating pain at tax time.
How to buy your first property
For first timers the actual process of buying a property can be daunting. Here is a guide to the basics.
Start the new tax year right
The new financial year is still quite young, which is the perfect opportunity to get your financial affairs in order.
How to claim your tax deductions
We go over some of the most popular tax deductions and all the necessary documentation you need to make them. Here are seven steps that should help you do your tax return.
Do you really need a tax agent?
The tax code is notorious for its complexity. But does that justify the cost of an agent? Take a closer look.
The best small business tax outcome
Small businesses have changes to their ability to write-off assets from 1 July. But there could be a sting.
How to understand tax return basics
Here’s a guide to tax return essentials that will help you get a decent refund year after year after year.
How to pay less tax on CFDs and ETFs
Investors in CFDs and ETFs need to understand the risks and benefits of indirect investment – it’s easy to trigger unintended consequences.
How to give to charity tax-effectively
Whether it’s through a work scheme or a private trust, donations can make a difference. And there are a number of ways in which they can be made in a tax-effective manner.
How to pay less tax when you sell a property
We asked financial planner Paul Moran – one of our nation’s top 50 money minds, as revealed by our Masterclass exam – for his thoughts on tax and investment property exit strategies.
How to make tax-effective managed fund investments
Managed funds pay tax as well, so investors need to know how to spot a tax-effective one – especially as most fund managers are focused on pretax outcomes.
How share losses can lower your kids’ tax
Those with investments in shares may have seen a return to gloomy times – but there’s good news if you have a high taxable element in your fund and are eligible to have pensions.
How to crystallise your share losses and save on tax
When the sharemarket is performing like a roller-coaster and there’s a slump after a big rise earlier in the year, it’s good tax-planning practice to see if you can reduce the tax on gains by selling a few non-performing shares.