Five tax deductions to know about

Five tax deductions to know about You’re probably well aware you can claim a tax deduction for general work-related expenses. But did you know you may be able to claim if: 1. You take a course or study. You may be able to claim a portion of self-education expenses if it’s related to your ability to earn an income. 2. You travel to inspect your investment property. You may be able to claim for expenses …

The Budget. What does it mean for you?

  The Budget. What does it mean for you? This year’s Budget proposes the biggest changes to super in almost a decade. The proposed changes mainly affect contributions rules and the tax breaks available in super. If the Budget comes into effect, it would be after new laws are passed—then the proposed measures would take effect until 1 July 2017. Who’s better off? The changes announced for super contributions rules will generally be welcome news …