Labor is proposing to cap at $3,000 the amount that can be claimed as a tax deduction for managing tax affairs. There are many circumstances where taxpayers need to spend more than this.
Author Archive | Bob Deutsch
Confirmation that Labor’s proposals on negative gearing will apply not only to investment property but all investments will require a rethink on many tax management strategies.
Adequate retirement incomes rely on accumulating superannuation balances throughout a working life, and many factors are detrimental to women keeping pace with men. Urgent reform is needed.