Julia's Blog
By Julia Hartman
Download PDF – Updated 23 08 2022 You cannot claim a tax deduction for a car you have salary sacrificed even though you make an after tax contribution. This is because even with a novated lease the car is considered held by your employer, so it is not yours to claim. If you are not …
Download PDF – Updated 14 08 2022 So When is the Best Time to Buy a New Vehicle? – Preferably Electric Buying a new car has become more and more complicated over the years. I remember when it was just a matter of leafing through my father in law’s car review magazines going to the …
Download PDF Other than in the very rare circumstances where crypto is just purchased to buy a personal asset, any gain or loss you make on crypto is subject to tax. So don’t forget to bring your details with you when you do your tax return. The ATO are right onto data matching your transactions …
Download PDF Have you ever been told you are too old to contribute to superannuation? Would you like to contribute more and BAN TACS on your retirement savings? The best way to do this is to have as much of your wealth in superannuation as you can. The superannuation contribution rules are about to change …
Download PDF What Properties Qualify for Building Depreciation Properties built or renovated after 16th September 1987 will have some building depreciation left to claim. To work out if it is worth it, make a rough guess just how much the building or renovation would have cost back when it was done and multiply that by …