+612 9045 4394
 
CHECKOUT
101 Ways to Save Money on Your Tax - Legally! 2015-2016 : 101 Ways to Save Money on Your Tax Legally - Adrian Raftery

101 Ways to Save Money on Your Tax - Legally! 2015-2016

101 Ways to Save Money on Your Tax Legally

Paperback

Published: 10th June 2015
Ships: 7 to 10 business days
7 to 10 business days
$26.90

Stop overpaying your taxes and start saving money!

101 Ways to Save Money on Your Tax–Legally! 2015–2016 sheds light on how you can increase your tax return by maximising your deductions.

This practical guide explores how individual, family, property, education, employment, small business, investment property, shares, superannuation, medical expenses, levies, and other deductions can be leveraged to ensure that you receive the tax return you deserve—and that you do not overpay the government. You'll also get advice regarding tax-effective investments, tax planning, and the best way to go about finding a great accountant.

Every year, you give a portion of your income to the government. While this money funds essentials like infrastructure, you certainly do not want to give more than you need to. This insightful guide provides you with the information necessary to ensure that you receive as much money back as possible on your tax return.

  • Discover how you can maximise your deductions to increase your tax return—and get what you are entitled to back from the government each year
  • Understand the tax law changes from the May 2015 budget
  • Access tips that assist you in planning and filing your taxes with your best interests in mind
  • Identify tax traps, and get answers to frequently asked questions
101 Ways to Save Money on Your Tax–Legally! 2015–2016 is an essential resource for every Australian who pays taxes.

WRITE A REVIEW

REVIEW SNAPSHOT®

by PowerReviews
101 Ways to Save Money on Your Tax - Legally! 2015-2016
 
4.0

(based on 1 review)

Ratings Distribution

  • 5 Stars

     

    (0)

  • 4 Stars

     

    (1)

  • 3 Stars

     

    (0)

  • 2 Stars

     

    (0)

  • 1 Stars

     

    (0)

Reviewed by 1 customer

Displaying review 1

Back to top

(1 of 1 customers found this review helpful)

 
4.0

"Don't judge a book by its cover"

By 

from Northern Territory, Australia

About Me Casual Reader

Verified Buyer

Pros

  • Broad Appeal
  • Deeply Informative
  • Deserves Multiple Readings
  • Easy To Understand
  • Expert Author

Cons

    Best Uses

    • Reference

    Comments about 101 Ways to Save Money on Your Tax - Legally! 2015-2016:

    I found the book easy to read and enjoyable when you consider this book can save you money!

    Displaying review 1

    Back to top

    About the author xi

    How to use this book xiii

    Introduction xvii

    Part I You and your family 1

    1 Marriage 2

    2 Income splitting 5

    3 Dependant (invalid and carer) tax offset 7

    4 Children 10

    5 Paid parental leave 13

    6 Dad and partner pay 14

    7 Child care 15

    8 Low-income earners 17

    9 Senior and pensioner tax offset 19

    10 Other government benefits 21

    11 Family breakdown 25

    12 Death 27

    13 Trusts 30

    Part II Your employment 33

    14 Car usage 35

    15 Methods to claim car travel 38

    16 Travel 40

    17 Uniform 43

    18 Home office 45

    19 Other work-related deductions 48

    20 Keeping those receipts 51

    21 ATO hit lists 53

    22 Redundancy 56

    23 Working a second job 58

    24 Salary sacrif ice 61

    25 Fringe benef its 63

    26 Living-away-from-home allowance 67

    Part III Your education 73

    27 Claiming self-education expenses 74

    28 The $250 threshold 77

    29 Self-development courses 79

    30 Higher Education Loan Program 82

    31 Student Financial Supplement Scheme 86

    32 Austudy and ABSTUDY 88

    33 Trade Support Loans 91

    34 Scholarships 93

    35 School building funds 96

    36 Education savings plans 98

    37 Other government assistance 101

    Part IV Your investment property 105

    38 Negative gearing 107

    39 Interest 110

    40 Depreciation 114

    41 Low-value pooling 117

    42 Repairs and maintenance 119

    43 Travel to see your investment property 122

    44 Borrowing expenses 124

    45 Legal expenses 127

    46 Other rental property deductions 128

    47 Foreign investment properties 132

    48 Capital gains tax 134

    49 PAYG withholding variation 137

    50 Property genuinely available for rent 140

    Part V Your shares 143

    51 Dividends 145

    52 Franking credits 148

    53 Dividend reinvestment plans 151

    54 Lower income earners 152

    55 Borrowing to buy shares 155

    56 Other allowable deductions 158

    57 Shares and capital gains tax 160

    58 Realising capital losses 162

    59 Inheriting share portfolios 164

    60 Share traders versus share investors 166

    61 Rights and options 169

    62 Employee share schemes 171

    63 Share portfolios within self managed superannuation funds 174

    Part VI Your superannuation 177

    64 Contribution limits 180

    65 Compulsory employer contributions 183

    66 Salary sacrifice 186

    67 Super co-contribution 189

    68 Transferring foreign super 191

    69 Self managed superannuation funds 194

    70 Buying property within SMSFs 197

    71 Gearing through a super fund 200

    72 Accessing your super 203

    73 Transition to retirement 205

    74 Account-based pensions 207

    75 Death benefits 209

    76 Lost or unclaimed super 211

    Part VII Your business 215

    77 Choosing the right business structure 217

    78 Tax obligations 221

    79 Record keeping 225

    80 Deferring tax 228

    81 Trading stock 230

    82 Bad debts 232

    83 Home-based businesses 234

    84 Employing people 237

    85 Tax concessions and offsets 240

    86 Selling or closing down 243

    87 Personal services income 245

    88 Non-commercial losses 247

    89 Franchising 248

    Part VIII Miscellaneous 251

    90 Overseas income 252

    91 Getting a great accountant 255

    92 Lodging your tax return 258

    93 Amending returns and objecting to assessments 261

    94 ATO data matching 264

    95 Problems paying your tax 267

    96 Medical expenses tax offset 269

    97 Levies 272

    98 Zone and overseas forces tax offsets 277

    99 Tax-effective investments 279

    100 Tax planning as a 365-day process 281

    101 Just do it! 283

    Glossary 285

    Bibliography 303

    Index 305

    ISBN: 9780730320760
    ISBN-10: 0730320766
    Series: 101 Ways to Save Money on Your Tax Legally
    Audience: General
    Format: Paperback
    Language: English
    Number Of Pages: 336
    Published: 10th June 2015
    Publisher: John Wiley & Sons Australia Ltd
    Country of Publication: AU
    Dimensions (cm): 20.96 x 13.97  x 1.91
    Weight (kg): 0.41
    Edition Number: 5