property investment tax deductions

Self-assessed claims could result in investors missing out on deductions

As October 31st fast approaches, many property investors who submit their own income tax assessment online could potentially miss out on thousands of dollars in unclaimed deductions. Since the 1986-1987 financial year, Australia has operated a system of self-assessment of income tax. As a consequence a significant number of Australian’s now submit self-assessed information when…

A taxing age for property investors

When looking to invest, tax is an important consideration. Imagine how much more cash flow you would have without having to pay tax. As a simple illustration, if you could invest $1 per month at 6% return per annum for 20 years, you would have approx $4,600 if no tax was payable, compared to $3,500 if…

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