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 Payments for new parents 10</p> <p>6 Child care 12</p> <p>7 Low-income earners 15</p> <p>8 Senior and pensioner tax offset 16</p> <p>9 Other government benefits 18</p> <p>10 Family breakdown 22</p> <p>11 Death 24</p> <p>12 Family trusts 26</p> <p><b>Part II Your Employment 29</b></p> <p>13 Car usage 31</p> <p>14 Methods to claim car travel 33</p> <p>15 Travel 35</p> <p>16 Uniform 37</p> <p>17 Home office 39</p> <p>18 Other work-related deductions 42</p> <p>19 Keeping those receipts 45</p> <p>20 ATO hit lists 48</p> <p>21 Redundancy 51</p> <p>22 Working a second job 53</p> <p>23 Salary sacrifice 54</p> <p>24 Fringe benefits 56</p> <p>25 Living-away-from-home allowance 61</p> <p><b>Part III Your Education 65</b></p> <p>26 Claiming self-education expenses 66</p> <p>27 Student loans 70</p> <p>28 Austudy and ABSTUDY 77</p> <p>29 Scholarships 79</p> <p>30 School building funds 81</p> <p>31 Education savings plans 83</p> <p><b>Part IV Your Investment Property 87</b></p> <p>32 Negative gearing 89</p> <p>33 Interest 91</p> <p>34 Depreciation and low-value pooling 94</p> <p>35 Repairs and maintenance 98</p> <p>36 Borrowing and legal expenses 100</p> <p>37 Other rental property deductions 104</p> <p>38 Foreign investment properties 106</p> <p>39 Capital gains tax 108</p> <p>40 PAYG withholding variation 111</p> <p>41 Co-ownership of your investment property 113</p> <p>42 Build-to-rent properties 115</p> <p><b>Part V Your Shares 119</b></p> <p>43 Dividends 120</p> <p>44 Shares owned by low income earners 126</p> <p>45 Borrowing to buy shares 129</p> <p>46 Other share deductions 131</p> <p>47 Capital gains tax on shares 132</p> <p>48 Realising capital losses 134</p> <p>49 Inheriting share portfolios 136</p> <p>50 Share traders versus share investors 138</p> <p>51 Rights and options 140</p> <p>52 Employee share schemes 142</p> <p>53 Share portfolios within self managed superannuation funds 144</p> <p>54 Cryptocurrency 146</p> <p>55 Non-fungible tokens 151</p> <p><b>Part VI Your Superannuation 153</b></p> <p>56 Contribution limits 156</p> <p>57 Transfer Balance Cap 159</p> <p>58 Downsizer Contribution 162</p> <p>59 Compulsory employer contributions 165</p> <p>60 Salary sacrifice 167</p> <p>61 Division 293 tax 170</p> <p>62 Super co-contribution 172</p> <p>63 Transferring foreign super 175</p> <p>64 Self managed superannuation funds 176</p> <p>65 Buying property within SMSFs 179</p> <p>66 Gearing through a super fund 182</p> <p>67 Accessing your super 184</p> <p>68 Transition to retirement 187</p> <p>69 Account-based pensions 189</p> <p>70 Death benefits 190</p> <p>71 Lost or unclaimed super 192</p> <p><b>Part VII Your Business 197</b></p> <p>72 Choosing the right business structure 198</p> <p>73 Tax obligations 203</p> <p>74 Record keeping 206</p> <p>75 Deferring tax 208</p> <p>76 Trading stock 210</p> <p>77 Bad debts 212</p> <p>78 Home-based businesses 213</p> <p>79 Sharing Economy 215</p> <p>80 Employing people 218</p> <p>81 Single Touch Payroll 221</p> <p>82 Tax concessions and offsets 223</p> <p>83 Selling or closing down 229</p> <p>84 Personal services income 231</p> <p>85 Non-commercial losses 232</p> <p>86 Division 7A loans by private companies 234</p> <p>87 Franchising 236</p> <p>88 Crowdfunding 237</p> <p><b>Part VIII Miscellaneous 241</b></p> <p>89 Overseas income 241</p> <p>90 Getting a great tax accountant 244</p> <p>91 Lodging your tax return 247</p> <p>92 Amending returns and objecting to assessments 249</p> <p>93 ATO data matching 252</p> <p>94 Problems paying your tax 256</p> <p>95 Estate planning 257</p> <p>96 Private ancillary funds 262</p> <p>97 Levies 266</p> <p>98 Zone and overseas forces tax offsets 269</p> <p>99 Tax-effective investments 270</p> <p>100 Tax planning as a 365-day process 272</p> <p>101 Just do it! 273</p> <p>Glossary 275</p> <p>Bibliography 293</p> <p>Index 295</p>

<p><B>DR ADRIAN RAFTERY </B> has over 34 years of experience as an award-winning accountant and tax expert. As 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.

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