Ph: 0422 311 350

Tax Tips

For a lot of Australians that pot of gold might seem a long way off but with some planning and some self interest and some good health you will live to see it!

So what are the facts about Super to be aware of?

On 14 May 2013, the government announced that the 2013–14 budget will phase out the Net Medical Expense Tax Offset (“NMETO”), with it being phased out completely in July 2019. That may seem a long way off, but there was a 'catch'.

In a recent post we advised that all investors get a depreciation schedule for their investment properties to maximise their deductions. But did you know you that if you are a co-owner in an investment property you can get even further tax benefits by splitting the depreciation schedule according to the proportion of ownership before working out the deductions?

We have compiled a summary of the impacts of the 2014 Federal Budget. If you want to minimise your tax obligations or learn more about the budget then make an appointment today.

Without a quantity survey report you simply cannot maximise your tax deductions each year!


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Phone
0422 311 350

Email

Address
3/2a Martin Place
Mortdale NSW 2223

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