Roydon Snelgar

Fraud Using Tax Havens

26 January 2018

Many frauds involve using tax havens, as their confidentiality and secrecy aid fraudsters. In law, fraud is the deliberate deception to secure unfair or unlawful gain or to deprive a victim of a legal right. The purpose of fraud may be a monetary gain or other benefits, such as obtaining a driver’s licence or qualifying…

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Tax Savings Strategy 198 | Health Coaching, Lifestyle & Weight Loss

25 January 2018

Work-related counselling provided to employees (and their associates) in order to improve or maintain their efficiency at work or prepare them for retirement will be tax deductible and FBT exempt. It can be provided as individual or group counselling and can be related to matters such as: Quit smoking programs. Weight watches programs to lose…

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Tax Deductions for Authors & Writers

24 January 2018

  Average weekly pay:          $250  Employment size:               4,500   Future growth:                    Very Strong      Skill level                               Bachelor degree or higher   An author…

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1188 – Saladin Tithe | One of the First Recorded Taxes on Income

23 January 2018

One of the first recorded taxes on income was the Saladin tithe introduced by Henry II in 1188 to raise money for the Third Crusade. The tithe demanded that each layperson in England and Wales be taxed one tenth of their personal income and moveable property. The tithe was assessed by dioceses, rather than by…

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Belize, Drugs and Money Laundering

19 January 2018

Belize, located on the coast of Central America, is known in the global arena for attracting many North American drug trafficking entities. As the Belize currency is pegged to the U.S. dollar this entices drug traffickers and money launderers who want to utilise their current economic system.  As Belize offers nonresidents the ability to establish…

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Tax Savings Strategy 197 | Long Service Awards

18 January 2018

Long service awards granted in recognition of 15 years or more service are tax deductible and FBT exempt, provided the value of the award doesn’t exceed the following specified amounts: $1,000 for 15 years’ service. Plus $100 per additional year of service. Where the value of an award exceeds the relevant maximum value, no part…

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Tax Deductions for Real Estate Agents

17 January 2018

  Average weekly pay:            $1,150  Employment size:                 88,900   Future growth:                       Strong      Skill level                                 Certificate III or…

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Scrutage Tax | Buying out Military Service Obligation

16 January 2018

  In 1100 the English introduced a Feudal land tenure system for mounted knights called knight-service. The king issued knights with small blocks of land in exchange for them taking a vow of loyalty and accepting the obligation to perform military service. When the knights were called, they were required to provide forty days military…

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Tax Deductions for Undertakers

12 January 2018

Average weekly pay:    $Unavailable  Employment size:         2,200   Future growth:              Very strong    Skill level                         Associate degree or diploma   Funeral workers prepare bodies for viewing and burial, arrange and conduct funerals, and perform other specialist…

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Tax Deductions for Bricklayers and Stonemasons

12 January 2018

Average weekly pay:     $1,200 Employment size:         33,300   Future growth:              Moderate    Skill level                         Certificate III or IV   A bricklayer is a craftsman who lays bricks to construct brickwork.  A stonemason is one who lays…

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"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"

- Bono: U2