Tax - 8 Tax Planning Strategies For Australian Taxpayers to Save Tax in 2008

Posted: 07 Jul 2008

Are you ready to minimise your tax and increase the size of your refund?

Good, but be warned. You can only use these strategies before the end of the financial year for them to work! If you fail to plan at all in your life, you will be penalised with higher taxes, lower refunds and a lower personal net worth.

I’m going to give you eight tips to get you started.

1 - Take advantage of tax cuts from 1/7/08 by making additional home loan repayments or investing for the future through superannuation contributions or managed funds and/or shares.

2 - Delay other income… Continue reading

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