101 Ways to Save Money on Your Tax - Legally! 2017-2018

1 - 101 Ways to Save Money on Your Tax - Legally!: 2017-2018 [Seite 3]
2 - Contents [Seite 9]
3 - About the author [Seite 13]
4 - How to use this book [Seite 15]
5 - Introduction [Seite 17]
6 - Part I You and your family [Seite 19]
6.1 - 1 Marriage [Seite 20]
6.2 - 2 Income splitting [Seite 22]
6.3 - 3 Dependant (invalid and carer) tax offset [Seite 24]
6.4 - 4 Children [Seite 26]
6.5 - 5 Paid parental leave [Seite 28]
6.6 - 6 Dad and partner pay [Seite 29]
6.7 - 7 Child care [Seite 30]
6.8 - 8 Low-income earners [Seite 32]
6.8.1 - Low-income tax offset [Seite 32]
6.8.2 - Superannuation co-contribution [Seite 33]
6.8.3 - Superannuation spouse contribution tax offset [Seite 33]
6.8.4 - Low-income superannuation tax offset [Seite 33]
6.9 - 9 Senior and pensioner tax offset [Seite 34]
6.10 - 10 Other government benefits [Seite 36]
6.10.1 - Family Tax Benefit Part A [Seite 36]
6.10.2 - Family Tax Benefit Part B [Seite 37]
6.10.3 - Parenting payment [Seite 37]
6.10.4 - Better start for children with a disability [Seite 37]
6.10.5 - Youth Allowance [Seite 38]
6.10.6 - Transition to work [Seite 38]
6.10.7 - Other benefits [Seite 38]
6.11 - 11 Family breakdown [Seite 39]
6.11.1 - Transfer of assets [Seite 39]
6.11.2 - Transfer of superannuation [Seite 40]
6.11.3 - Child support and spouse support payments [Seite 40]
6.12 - 12 Death [Seite 41]
6.12.1 - Date of death return [Seite 41]
6.12.2 - Deceased estate returns [Seite 42]
6.12.3 - Beneficiaries [Seite 43]
6.13 - 13 Trusts [Seite 43]
7 - Part II Your employment [Seite 47]
7.1 - 14 Car usage [Seite 48]
7.2 - 15 Methods to claim car travel [Seite 51]
7.3 - 16 Travel [Seite 53]
7.4 - 17 Uniform [Seite 55]
7.5 - 18 Home office [Seite 57]
7.6 - 19 Other work-related deductions [Seite 60]
7.7 - 20 Keeping those receipts [Seite 62]
7.8 - 21 ATO hit lists [Seite 65]
7.9 - 22 Redundancy [Seite 68]
7.9.1 - Tax-free component of genuine redundancy [Seite 68]
7.9.2 - Balance of redundancy [Seite 68]
7.9.3 - Unused leave entitlements [Seite 69]
7.10 - 23 Working a second job [Seite 70]
7.11 - 24 Salary sacrifice [Seite 72]
7.12 - 25 Fringe benefits [Seite 74]
7.13 - 26 Living-away-from-home allowance [Seite 78]
7.14 - Accommodation [Seite 80]
7.15 - Food [Seite 80]
8 - Part III Your education [Seite 83]
8.1 - 27 Claiming self-education expenses [Seite 84]
8.2 - 28 The $250 threshold [Seite 86]
8.3 - 29 Self-development courses [Seite 88]
8.4 - 30 Higher Education Loan Program [Seite 90]
8.5 - 31 Student Financial Supplement Scheme [Seite 92]
8.6 - 32 Austudy and ABSTUDY [Seite 94]
8.6.1 - Austudy [Seite 94]
8.6.1.1 - Income test [Seite 95]
8.6.1.2 - Assets test [Seite 95]
8.6.2 - ABSTUDY [Seite 96]
8.7 - 33 Trade Support Loans [Seite 97]
8.8 - 34 Scholarships [Seite 98]
8.9 - 35 School building funds [Seite 100]
8.10 - 36 Education savings plans [Seite 102]
8.11 - 37 Other government assistance [Seite 104]
8.11.1 - HECS-HELP benefit [Seite 104]
8.11.2 - FEE-HELP [Seite 105]
8.11.3 - VET student loans [Seite 106]
8.11.4 - OS-HELP [Seite 106]
9 - Part IV Your investment property [Seite 107]
9.1 - 38 Negative gearing [Seite 109]
9.2 - 39 Interest [Seite 111]
9.3 - 40 Depreciation [Seite 114]
9.4 - 41 Low-value pooling [Seite 116]
9.5 - 42 Repairs and maintenance [Seite 118]
9.6 - 43 Travel to see your investment property [Seite 120]
9.7 - 44 Borrowing expenses [Seite 122]
9.8 - 45 Legal expenses [Seite 124]
9.9 - 46 Other rental property deductions [Seite 126]
9.10 - 47 Foreign investment properties [Seite 129]
9.11 - 48 Capital gains tax [Seite 131]
9.12 - 49 PAYG withholding variation [Seite 133]
9.13 - 50 Property genuinely available for rent [Seite 135]
10 - Part V Your shares [Seite 137]
10.1 - 51 Dividends [Seite 138]
10.2 - 52 Franking credits [Seite 141]
10.3 - 53 Dividend reinvestment plans [Seite 143]
10.4 - 54 Lower income earners [Seite 144]
10.5 - 55 Borrowing to buy shares [Seite 147]
10.6 - 56 Other allowable deductions [Seite 149]
10.6.1 - Ongoing management fees [Seite 149]
10.6.2 - Travel expenses [Seite 149]
10.6.3 - Journals and publications [Seite 149]
10.6.4 - Internet access [Seite 149]
10.6.5 - Other deductions [Seite 150]
10.7 - 57 Shares and capital gains tax [Seite 150]
10.8 - 58 Realising capital losses [Seite 152]
10.9 - 59 Inheriting share portfolios [Seite 154]
10.10 - 60 Share traders versus share investors [Seite 156]
10.11 - 61 Rights and options [Seite 158]
10.12 - 62 Employee share schemes [Seite 160]
10.13 - 63 Share portfolios within self managed superannuation funds [Seite 162]
11 - Part VI Your superannuation [Seite 165]
11.1 - 64 Contribution limits [Seite 168]
11.2 - 65 Compulsory employer contributions [Seite 171]
11.3 - 66 Salary sacrifice [Seite 174]
11.4 - 67 Super co-contribution [Seite 177]
11.4.1 - The income threshold test [Seite 178]
11.4.2 - The 10 per cent eligible income test [Seite 179]
11.5 - 68 Transferring foreign super [Seite 180]
11.6 - 69 Self managed superannuation funds [Seite 182]
11.7 - 70 Buying property within SMSFs [Seite 185]
11.8 - 71 Gearing through a super fund [Seite 188]
11.9 - 72 Accessing your super [Seite 191]
11.10 - 73 Transition to retirement [Seite 193]
11.11 - 74 Account-based pensions [Seite 195]
11.12 - 75 Death benefits [Seite 198]
11.13 - 76 Lost or unclaimed super [Seite 200]
12 - Part VII Your business [Seite 203]
12.1 - 77 Choosing the right business structure [Seite 205]
12.1.1 - Sole traders [Seite 206]
12.1.2 - Partnerships [Seite 206]
12.1.3 - Companies [Seite 206]
12.1.4 - Trusts [Seite 207]
12.2 - 78 Tax obligations [Seite 209]
12.2.1 - GST [Seite 209]
12.2.2 - Activity statements [Seite 210]
12.3 - 79 Record keeping [Seite 211]
12.4 - 80 Deferring tax [Seite 214]
12.4.1 - Deferring income [Seite 214]
12.4.2 - Maximise deductions [Seite 215]
12.5 - 81 Trading stock [Seite 216]
12.6 - 82 Bad debts [Seite 218]
12.7 - 83 Home-based businesses [Seite 219]
12.8 - 84 Employing people [Seite 222]
12.8.1 - Wages and conditions [Seite 222]
12.8.2 - Employment records [Seite 222]
12.8.3 - Taxation obligations [Seite 222]
12.8.4 - Superannuation obligations [Seite 223]
12.8.5 - Holiday and leave entitlements [Seite 224]
12.9 - 85 Tax concessions and offsets [Seite 225]
12.9.1 - Simplified depreciation rules [Seite 225]
12.9.2 - Restart wage subsidy [Seite 226]
12.9.3 - Youth bonus wage subsidy [Seite 226]
12.9.4 - Other wage subsidies [Seite 226]
12.9.5 - Income averaging [Seite 226]
12.9.6 - Export Market Development Grant [Seite 227]
12.9.7 - Fuel tax credits [Seite 227]
12.9.8 - Research and development tax incentive [Seite 227]
12.10 - 86 Selling or closing down [Seite 228]
12.11 - 87 Personal services income [Seite 230]
12.12 - 88 Non-commercial losses [Seite 231]
12.13 - 89 Franchising [Seite 233]
13 - Part VIII Miscellaneous [Seite 235]
13.1 - 90 Overseas income [Seite 235]
13.2 - 91 Getting a great accountant [Seite 238]
13.3 - 92 Lodging your tax return [Seite 240]
13.4 - 93 Amending returns and objecting to assessments [Seite 243]
13.4.1 - Amendments [Seite 243]
13.4.2 - Objections [Seite 244]
13.5 - 94 ATO data matching [Seite 245]
13.6 - 95 Problems paying your tax [Seite 248]
13.7 - 96 Medical expenses tax offset [Seite 249]
13.8 - 97 Levies [Seite 252]
13.8.1 - Medicare levy surcharge [Seite 252]
13.8.2 - Temporary budget repair levy [Seite 254]
13.9 - 98 Zone and overseas forces tax offsets [Seite 255]
13.9.1 - Zone tax offset [Seite 255]
13.9.2 - Overseas forces tax offset [Seite 256]
13.10 - 99 Tax-effective investments [Seite 257]
13.11 - 100 Tax planning as a 365-day process [Seite 258]
13.12 - 101 Just do it! [Seite 260]
14 - Glossary [Seite 263]
15 - Bibliography [Seite 279]
16 - Index [Seite 281]
17 - EULA [Seite 285]