Over the last couple of years individuals have been able to claim super contributions as a tax deduction. In order to be able to do this, a number of factors are involved:Your super contributions must be made with your after-tax income.This is because you have already...
Trauma Insurance and Total Permanent Disability Insurance, what’s the difference?Trauma Insurance and Total Permanent Disability (TPD) Insurance can sometimes be confused as the same insurance, however they support you through rather different circumstances, which is...
In 1986 Australia brought in the dreaded Fringe Benefit Tax (FBT). This prevented businesses from living a lavish lifestyle and having their business pay for their expenses, resulting in additional tax deductions that weren’t necessarily allowed.The most obvious...
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