by Harry Ashdown | Apr 17, 2024 | Lifestyle, Retirement, Superannuation, Tax
Tax deductions serve as valuable tools for individuals and businesses alike, allowing them to reduce their taxable income and optimize their financial affairs. In Australia, understanding what expenses are tax-deductible is crucial for maximizing tax benefits and...
by Harry Ashdown | Mar 22, 2024 | Lifestyle, Tax
The TD2023/D4 is a draft legislation that proposes to change the way tax advice is treated in Australia. It aims to simplify the tax system and make it more transparent and fairer for taxpayers and advisers. One of the main changes is that tax advice fees may become...
by Harry Ashdown | Mar 8, 2024 | Retirement, Superannuation, Tax
You might find it interesting to know that, starting on July 1, 2024, the annual contribution caps for superannuation, which you may be using to save for retirement, will rise. This implies that you can increase the amount you contribute to your super and take...
by Harry Ashdown | Mar 7, 2024 | Budgeting, Tax
Australian tax tables are tools that help you work out how much tax to withhold from payments you make to your employees or other payees. They are based on the tax rates and thresholds for Australian residents for different income years. There are different tax tables...
by Harry Ashdown | Oct 30, 2023 | Economics, Lifestyle, Retirement, Superannuation, Tax
There are some crucial details concerning the advantages and changes that may influence you if you are considering retirement in Australia. Here are some of the key considerations: Benefits: The Age Pension, an income support benefit for elderly Australian citizens,...
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