Government support recipients will receive two separate economic support payments of $250, to be paid progressively from December 2020 and March 2021.
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If you have an investment loan you can arrange to prepay the interest on that loan for up to 12 months and claim a tax deduction in the same year the interest was prepaid.
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End of the financial year is usually a good time to think about making extra contributions to take advantage of
the lower rates of taxation on super.
Financial planning is a specialist profession and you should make sure that you’re getting advice from a professional financial adviser who is properly licensed and qualified.
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Overview of the types of tax off sets and deductions you may be entitled to claim plus other handy tax tips.
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