101 Ways to Save Money on Your Tax - Legally! 2023 -2024

ISBN-13: 9781394188635 / Angielski / Miękka / 2023 / 336 str.

A Raftery

Spis treści

About the author xiHow to use this book xiiiIntroduction xvPART I YOU AND YOUR FAMILY 11 Marriage 22 Income splitting 43 Dependant (invalid and carer) tax offset 64 Children 85 Payments for new parents 106 Child care 127 Low-income earners 158 Senior and pensioner tax offset 179 Other government benefits 1910 Family breakdown 2311 Death 25 12 Family trusts 27PART II YOUR EMPLOYMENT 3113 Car usage 3314 Methods to claim car travel 3515 Travel 37 16 Uniform 3917 Home office 4118 Other work-related deductions 4419 Keeping those receipts 4620 ATO hit lists 4921 Redundancy 52 22 Working a second job 5423 Salary sacrifice 5524 Fringe benefits 5725 Living-away-from-home allowance 62PART III YOUR EDUCATION 6726 Claiming self-education expenses 6827 Student loans 7228 Austudy and ABSTUDY 7829 Scholarships 8130 School building funds 8331 Education savings plans 85PART IV YOUR INVESTMENT PROPERTY 8932 Negative gearing 9133 Interest 9334 Depreciation and low-value pooling 9635 Repairs and maintenance 10036 Borrowing and legal expenses 10237 Other rental property deductions 10638 Foreign investment properties 10839 Capital gains tax 11040 PAYG withholding variation 11341 Co-ownership of your investment property 115PART V YOUR SHARES 11942 Dividends 12043 Shares owned by low income earners 12644 Borrowing to buy shares 12945 Other share deductions 13146 Capital gains tax on shares 13247 Realising capital losses 13448 Inheriting share portfolios 13649 Share traders versus share investors 13850 Rights and options 14051 Employee share schemes 14252 Share portfolios within self managed superannuation funds 14453 Cryptocurrency 146 54 Non-fungible tokens 150PART VI YOUR SUPERANNUATION 15355 Contribution limits 15656 Transfer Balance Cap 15957 Downsizer Contribution 16258 Compulsory employer contributions 16559 Salary sacrifice 16760 Division 293 tax 17061 Super co-contribution 17262 Transferring foreign super 17563 Self managed superannuation funds 17764 Buying property within SMSFs 18065 Gearing through a super fund 18266 Accessing your super 18467 Transition to retirement 18768 Account-based pensions 18969 Death benefits 19170 Lost or unclaimed super 192PART VII YOUR BUSINESS 19771 Choosing the right business structure 19872 Tax obligations 20373 Record keeping 20674 Deferring tax 20875 Trading stock 21076 Bad debts 21177 Home-based businesses 21378 Sharing Economy 21579 Employing people 21780 Single touch payroll 22081 Tax concessions and offsets 22382 Selling or closing down 22883 Personal services income 23084 Non-commercial losses 23185 Division 7A loans by private companies 23386 Franchising 23587 Crowdfunding 23688 Loss carry back tax offset 238PART VIII MISCELLANEOUS 24389 Overseas income 24390 Getting a great tax accountant 24691 Lodging your tax return 24892 Amending returns and objecting to assessments 25193 ATO data matching 25394 Problems paying your tax 25795 Estate planning 25896 Private ancillary funds 26397 Levies 26698 Zone and overseas forces tax offsets 26999 Tax-effective investments 271100 Tax planning as a 365-day process 273101 Just do it! 274Glossary 277Bibliography 295Index 297

O autorze

DR ADRIAN RAFTERY has over 33 years of experience as an award-winning accountant and tax expert. As one of Australia's leading tax and finance commentators, Adrian regularly appears on TV and contributes to magazines and newspapers. Find out more at www.mrtaxman.com.au.