Tax, Trading and Accounting: What you Need to Know | |
Tax, Trading and Accounting: What you Need to Know. When it comes to your finances it’s not about what you make, it’s what you get to keep. Mastering the nuances of tax effectiveness. And quality accounting can make or break a person’s journey to wealth creation. Especially, when it comes to your trading activity – here’s what you need to know. To get the most out of your FY21’ tax return: Taxation mistakes Before we talk about what to do, it’s important to first talk about what not to do when it comes to taxation. Host Andrew Baxter partners up with guest speaker and expert tax accountant of nearly 30 years, Brad O’Hara, to decipher the biggest pitfalls of the almighty tax return. As Brad explains, the first issue is that people are getting their information. From unsolicited sources like the Internet or in magazines. In reality, to be truly effective this year at tax time you’re going. To require the expertise of someone experienced enough versus reading. And something online that is most likely a matter of opinion. Than actual accounting advice. Secondly and for investors, the issue is working out the actual tax deductibility of their debt – something many fail to acknowledge. Redraw facilities on invest properties for personal use. Or reviewing investment transactions are niche topics that many investors fail to utilise despite having huge impacts on their tax. | |
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Target Prov.: All Provinces Target City : Sydney Last Update : Dec 08, 2023 5:06 AM Number of Views: 100 | Item Owner : Andrew Baxter Contact Email: Contact Phone: +61 7 55 854 285 |
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