Objectives: The two doctors are self-employed and operate through their practice company. When they visited their accountant, they said they would like to payout their $500,000 private mortgage as quickly as possible, and restructure their affairs to save some tax as well. Facts: Family taxable income $880,000. SMSF with $800,000 cash at bank.…
Read More »Average weekly pay: $1,300 Employment size: 173,000 Future growth: Moderate Skill level Certificate II or III Truck drivers drive heavy trucks, tow…
Read More »A playing card is a piece of specially prepared heavy paper, plastic-coated paper, cotton-paper blend, or thin plastic, marked with distinguishing motifs and used as one of a set for playing card games. Playing cards are typically palm-sized for convenient handling and were first invented in China during the Tang dynasty in 900 AD. Although…
Read More »Capital city: Andorra la Vella Currency: Euro (EUR) Population: 77,281 Language: Catalan GDP: …
Read More »This strategy is about using your private vehicle to operate an Uber business and make additional income (whilst at the same time making your private vehicle expenses tax deductible). Deductible Uber business expenses include: Fuel Registration Insurance Repairs, tyres and maintenance costs. Depreciation on the car purchase cost. Car purchase cost (if less than $20,000)…
Read More »We are excited to announce a new and advanced / improved / upgraded version of TaxFitness! Branding You can now remove the TaxFitness logo and branding from your Tax Savings Reports and add your own brand colours quickly and easily as a practice manger from My Practice. Integrated Mud Map We have integrated the Client…
Read More »Average weekly pay: $1,400 Employment size: 188,100 Future growth: Strong Skill level Bachelor Degree or Higher Accountants provide services relating…
Read More »A candle is an ignitable wick embedded in wax, fat, tallow or another flammable solid substance. They have been used throughout history for light, heat, fragrance, aesthetic value and sometimes to tell the time. The earliest candles originated in Han China around 200 BC and were made from whale fat. By the 13th century, candle…
Read More »Fugitives often use tax havens as a refuge when fleeing from jail, government arrest, government or non-government questioning, vigilante violence, or outraged private individuals. When hiding from law enforcement agencies taking refuge in a different country makes sense. Tax haven countries can be attractive to fugitives as they: Are easy to enter and gain residency. Have…
Read More »Average weekly pay: $700 Employment size: 2,500 Future growth: Decline Skill level Certificate III or IV A blacksmith is a…
Read More »"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2