101 Ways to Save Money on Your Tax – Legally! 2017-2018

101 Ways to Save Money on Your Tax – Legally! 2017-2018
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Adrian Raftery. 101 Ways to Save Money on Your Tax – Legally! 2017-2018

ABOUT THE AUTHOR

HOW TO USE THIS BOOK

INTRODUCTION

PART I. YOU AND YOUR FAMILY

1 MARRIAGE

2 INCOME SPLITTING

3 DEPENDANT (INVALID AND CARER) TAX OFFSET

4 CHILDREN

5 PAID PARENTAL LEAVE

6 DAD AND PARTNER PAY

7 CHILD CARE

8 LOW-INCOME EARNERS

9 SENIOR AND PENSIONER TAX OFFSET

10 OTHER GOVERNMENT BENEFITS

11 FAMILY BREAKDOWN

12 DEATH

13 TRUSTS

PART II. YOUR EMPLOYMENT

14 CAR USAGE

15 METHODS TO CLAIM CAR TRAVEL

16 TRAVEL

17 UNIFORM

18 HOME OFFICE

19 OTHER WORK-RELATED DEDUCTIONS

20 KEEPING THOSE RECEIPTS

21 ATO HIT LISTS

22 REDUNDANCY

23 WORKING A SECOND JOB

24 SALARY SACRIFICE

25 FRINGE BENEFITS

26 LIVING-AWAY-FROM-HOME ALLOWANCE

PART III. YOUR EDUCATION

27 CLAIMING SELF-EDUCATION EXPENSES

28 THE $250 THRESHOLD

29 SELF-DEVELOPMENT COURSES

30 HIGHER EDUCATION LOAN PROGRAM

31 STUDENT FINANCIAL SUPPLEMENT SCHEME

32 AUSTUDY AND ABSTUDY

33 TRADE SUPPORT LOANS

34 SCHOLARSHIPS

35 SCHOOL BUILDING FUNDS

36 EDUCATION SAVINGS PLANS

37 OTHER GOVERNMENT ASSISTANCE

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 ACCOUNT-BASED PENSIONS

75 DEATH BENEFITS

76 LOST OR UNCLAIMED SUPER

PART VII. YOUR BUSINESS

77 CHOOSING THE RIGHT BUSINESS STRUCTURE

78 TAX OBLIGATIONS

79 RECORD KEEPING

80 DEFERRING TAX

81 TRADING STOCK

82 BAD DEBTS

83 HOME-BASED BUSINESSES

84 EMPLOYING PEOPLE

85 TAX CONCESSIONS AND OFFSETS

86 SELLING OR CLOSING DOWN

87 PERSONAL SERVICES INCOME

88 NON-COMMERCIAL LOSSES

89 FRANCHISING

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

WILEY END USER LICENSE AGREEMENT

Отрывок из книги

Adrian Raftery (PhD, MBA, B Bus, AFA, CFP, CPA, CTA, FCA, FIPA FFA, F Fin, MAICD), aka Mr Taxman, is one of Australia's leading commentators on all matters relating to tax and finance. With regular columns in various investment magazines, an Associate Professor at Deakin University and frequent appearances on TV and in the media, Adrian is one of Australia's leading tax experts.

Part of Adrian's ‘tax' appeal as a financial media commentator is due to his personable and approachable style. Just as importantly, Adrian's 27 years' experience as an award-winning accountant working with small and medium businesses, and as a personal tax expert, means he has the relevant knowledge and experience to give qualified advice.

.....

• your business.

In each part I will share with you a number of tips and strategies that you can implement to save money on your taxes — legally!

.....

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