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823b tax time: back pay, 20% HELP debt cut, WFH deductions + more

823b tax time: back pay, 20% HELP debt cut, WFH deductions + more

Season 8 Published 10Β months ago
Description

It's everyone's favourite time of year - tax time! In this episode Glen and Erin Davis, chartered accountant and money coach, dig into *everything* from lodging returns to claiming WFH expenses. They touch on:


πŸ‘‰πŸΎ back paid income

πŸ‘‰πŸΏ lodging late returns

πŸ‘‰πŸ» key lodgement dates

πŸ‘‰ teenagers and their income

πŸ‘‰πŸΌ side hustle income and deductions

πŸ‘‰πŸ½ salary sacrifice and HELP debt

πŸ‘‰πŸΎ the Division 293 super tax

πŸ‘‰πŸΏ claiming capital losses against future gains

πŸ‘‰πŸ» selling CBA shares after 25 years

πŸ‘‰ how long to wait for proper tax-related reporting

πŸ‘‰πŸΌ moving from sole trader to a trust

πŸ‘‰πŸ½ how business income affects your personal income

πŸ‘‰πŸΎ working from home deductions


Check out Erin's details here: https://www.erindavis.com.au/


Learn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://amzn.to/4dE11ai


money money money is proudly supported by Sphere Home Loans and Skye Wealth.

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