Details

<p>About the author xi</p> <p>How to use this book xiii</p> <p>Introduction xv</p> <p><b>Part I You and your family 1</b></p> <p>1 Marriage 2</p> <p>2 Income splitting 4</p> <p>3 Dependant (invalid and carer) tax offset 6</p> <p>4 Children 8</p> <p>5 Paid parental leave 10</p> <p>6 Dad and partner pay 11</p> <p>7 Child care 12</p> <p>8 Low-income earners 14</p> <p>9 Senior and pensioner tax offset 16</p> <p>10 Other government benef its 18</p> <p>11 Family breakdown 21</p> <p>12 Death 23</p> <p>13 Trusts 25</p> <p><b>Part II Your employment 29</b></p> <p>14 Car usage 30</p> <p>15 Methods to claim car travel 33</p> <p>16 Travel 35</p> <p>17 Uniform 37</p> <p>18 Home off ice 39</p> <p>19 Other work-related deductions 42</p> <p>20 Keeping those receipts 44</p> <p>21 ATO hit lists 47</p> <p>22 Redundancy 50</p> <p>23 Working a second job 52</p> <p>24 Salary sacrif ice 54</p> <p>25 Fringe benef its 56</p> <p>26 Living-away-from-home allowance 60</p> <p><b>Part III Your education 65</b></p> <p>27 Claiming self-education expenses 66</p> <p>28 The $250 threshold 68</p> <p>29 Self-development courses 70</p> <p>30 Higher Education Loan Program 72</p> <p>31 Student Financial Supplement Scheme 74</p> <p>32 Austudy and ABSTUDY 76</p> <p>33 Trade Support Loans 79</p> <p>34 Scholarships 80</p> <p>35 School building funds 82</p> <p>36 Education savings plans 84</p> <p>37 Other government assistance 86</p> <p><b>Part IV Your investment property 89</b></p> <p>38 Negative gearing 91</p> <p>39 Interest 93</p> <p>40 Depreciation 96</p> <p>41 Low-value pooling 98</p> <p>42 Repairs and maintenance 100</p> <p>43 Travel to see your investment property 102</p> <p>44 Borrowing expenses 104</p> <p>45 Legal expenses 106</p> <p>46 Other rental property deductions 108</p> <p>47 Foreign investment properties 111</p> <p>48 Capital gains tax 113</p> <p>49 PAYG withholding variation 115</p> <p>50 Property genuinely available for rent 117</p> <p><b>Part V Your shares 119</b></p> <p>51 Dividends 120</p> <p>52 Franking credits 123</p> <p>53 Dividend reinvestment plans 125</p> <p>54 Lower income earners 126</p> <p>55 Borrowing to buy shares 129</p> <p>56 Other allowable deductions 131</p> <p>57 Shares and capital gains tax 132</p> <p>58 Realising capital losses 134</p> <p>59 Inheriting share portfolios 136</p> <p>60 Share traders versus share investors 138</p> <p>61 Rights and options 140</p> <p>62 Employee share schemes 142</p> <p>63 Share portfolios within self managed superannuation funds 144</p> <p><b>Part VI Your superannuation 147</b></p> <p>64 Contribution limits 150</p> <p>65 Compulsory employer contributions 153</p> <p>66 Salary sacrifice 156</p> <p>67 Super co-contribution 159</p> <p>68 Transferring foreign super 162</p> <p>69 Self managed superannuation funds 164</p> <p>70 Buying property within SMSFs 167</p> <p>71 Gearing through a super fund 170</p> <p>72 Accessing your super 173</p> <p>73 Transition to retirement 175</p> <p>74 Account-based pensions 177</p> <p>75 Death benefits 180</p> <p>76 Lost or unclaimed super 182</p> <p>101 ways to save money on your tax — legally!</p> <p><b>Part vii Your business 185</b></p> <p>77 Choosing the right business structure 187</p> <p>78 Tax obligations 191</p> <p>79 Record keeping 193</p> <p>80 Deferring tax 196</p> <p>81 Trading stock 198</p> <p>82 Bad debts 200</p> <p>83 Home-based businesses 201</p> <p>84 Employing people 204</p> <p>85 Tax concessions and offsets 207</p> <p>86 Selling or closing down 210</p> <p>87 Personal services income 212</p> <p>88 Non-commercial losses 213</p> <p>89 Franchising 215</p> <p><b>Part viii Miscellaneous 217</b></p> <p>90 Overseas income 217</p> <p>91 Getting a great accountant 220</p> <p>92 Lodging your tax return 222</p> <p>93 Amending returns and objecting to assessments 225</p> <p>94 ATO data matching 227</p> <p>95 Problems paying your tax 230</p> <p>96 Medical expenses tax offset 231</p> <p>97 Levies 234</p> <p>98 Zone and overseas forces tax offsets 237</p> <p>99 Tax-effective investments 239</p> <p>100 Tax planning as a 365-day process 240</p> <p>101 Just do it! 242</p> <p>Glossary 245</p> <p>Bibliography 261</p> <p>Index 263</p>

<p><b>D<small>R</small> ADRIAN RAFTERY</b> has over 20 years of experience as an award-winning accountant and tax expert. One of Australia's leading tax and finance commentators, Adrian regularly appears on TV and contributes to magazines and newspapers. Find out more at www.mrtaxman.com.au.

<p><b><i>THIS BOOK IS YOUR FIRST TAX DEDUCTION!</i></b> <p><b>WHY PAY MORE TAX THAN YOU HAVE TO?</b> <p><i>101 Ways to Save Money on Your Tax—Legally! 2017-18</i> is the only tax guide you will need this year. <p>Whether you're submitting online or through your tax professional, Adrian Raftery, aka Mr Taxman, takes you step-by-step through the changes in the May 2017 budget and gives you the help you need to take advantage of essential money-saving tax tips for the 2017-2018 tax year. <p>No matter what your age or income, this helpful guide offers tips for all taxpayers including: <ul> <li>employees</li> <li>business owners</li> <li>students</li> <li>families</li> <li>superannuation fund members</li> <li>investors with interests in rental properties and share portfolios.</li> </ul> <p>Everyone has to pay tax, but why should you pay more than you have to? Avoid the common mistakes that cost taxpayers every year, learn the important tips to save big and get answers to the most frequently asked questions.

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