If you get the feeling that the taxman is double dipping into your superannuation savings, you are not wrong. The Australian Taxation Office is expected to collect $7.7 billion from your nest egg this year.
For those who agonise over whether or not the printer ink you use to print your tax return is indeed a legitimate deduction, don’t fret – the tax man really does have bigger fish to fry! Here are five weird tax deductions that are perfectly legitimate.
With the end of the financial year just around the corner, it’s time to be prepared for the influx of scam ATO emails, phone calls and text messages. So to keep your inbox and your money safe, here’s a rundown of scams that often do the rounds.
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