Okay, picture this. You’ve just come into a significant amount of money. Could be a sizeable redundancy package, an inheritance, a bumper tax return, or you may have just won Saturday’s Powerball. I’ll leave that to your imagination. Now, what would you do with it? Use your windfall to treat yourself and blow it on something you don’t necessarily need or would you see it as an opportunity...
It’s that time of year. If you’re like me, chances are you’ve done your tax return by now and are waiting on a potential return. Going by the stats, you’re likely one of the 82 percent of Australians who’ll get a refund this year. On average, Australians typically get a return of around $2,112, give or take. Now, it’s easy to fall into the trap of seeing your tax...
Mention the word tax, and it typically draws a grumble from most people, even a sense of grievance. And fair enough. Most Australians feel like they pay too much tax, generally speaking, and often don’t have a whole lot in the way of expenses they can claim to help bring their taxable income down. I’m all for paying my fair share of tax. That’s a given. But, with a young...
