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Logbooks For Your Cars

Logbooks For Your Cars

There are a number of methods that tax deductions can be calculated for car usage or the fringe benefits value of a car. One of these methods requires a logbook to be completed. The purpose of the logbook is to help determine what proportion of the usage of the car is...

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What Is Never Tax-Deductible?

What Is Never Tax-Deductible?

What Is Never Tax-Deductible? There are special provisions in tax law that provide that certain items will never be tax-deductible. Even if you feel that you have necessarily incurred this expense in earning your income, they will still not be tax-deductible. In...

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The Low Income Super Tax Offset

The Low Income Super Tax Offset

Investing through superannuation is often done due to the lower tax rates on super than what most people actually have to pay. A super fund only pays 15% tax on what the fund receives. When contributions are made to the super fund, it will only pay 15% tax on those...

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The Low Income Super Tax Offset

The Low Income Super Tax Offset

Investing through superannuation is often done due to the lower tax rates on super than what most people actually have to pay. A super fund only pays 15% tax on what the fund receives. When contributions are made to the super fund, it will only pay 15% tax on those...

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Planning A Better Retirement

Planning A Better Retirement

Thinking about your grand retirement plan of setting about the country as a grey nomad? Want to be able to spoil your family after you finish working? Or are you simply wishing to ensure that you’re financially set to live out the rest of your life as you’d like? No...

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Setting Up a Medical Practice Checklist

Setting Up a Medical Practice Checklist

Working in the medical and healthcare field is an honourable choice at any time, especially in our current climate. If you’re setting up your own practice as well, this can be tricky to navigate, but— as we’re sure you know— it will be worth it in the end. While...

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Will Interest Rates Rise Next Year?

Will Interest Rates Rise Next Year?

Interest rates have a great impact on the Australian economy. This is because the lower the interest rates are, the more money there is to spend. The more money there is to spend, the more likely and often it will be spent (as opposed to saving it). When spending...

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