Tax
Accounting
What is negative gearing?
Negative gearing is a strategy used by people to grow the value of their investment while keeping their tax as low as possible. Investors use negative gearing because the interest repayments on loans are typically tax deductible against their personal income.
January 9, 2020
Accounting
Medicare Levy & Medicare Levy Surcharge Explained
Medicare Levy & Medicare Levy Surcharge Explained. To have access to a great public healthcare system, most Australian residents pay the Medicare Levy, which is 2% of taxable income.
January 9, 2020
Accounting
Australian Personal Tax Rates Explained
Australian Marginal Tax Rates Explained. In Australia, more income tax is paid for every dollar you earn, less your allowable tax deduction.
January 8, 2020
Accounting
What is Capital Gains Tax (CGT)?
Capital Gains Tax or CGT is a tax that is paid when you sell an investment or asset for more than it cost to buy it.
January 8, 2020
ETFs Versus Listed Investment Companies (LIC)
The difference between Listed Investment Companies (LIC) and Exchange Traded Funds (ETFs) might be small on the surface, but they can impact your investment returns significantly.
January 8, 2020
What is negative gearing?
January 9, 2020
Negative gearing is a strategy used by people to grow the value of their investment while keeping their tax as low as possible. Investors use negative gearing because the interest repayments on loans are typically tax deductible against their personal income.
Medicare Levy & Medicare Levy Surcharge Explained
January 9, 2020
Medicare Levy & Medicare Levy Surcharge Explained. To have access to a great public healthcare system, most Australian residents pay the Medicare Levy, which is 2% of taxable income.
Australian Personal Tax Rates Explained
January 8, 2020
Australian Marginal Tax Rates Explained. In Australia, more income tax is paid for every dollar you earn, less your allowable tax deduction.
What is Capital Gains Tax (CGT)?
January 8, 2020
Capital Gains Tax or CGT is a tax that is paid when you sell an investment or asset for more than it cost to buy it.
ETFs Versus Listed Investment Companies (LIC)
January 8, 2020
The difference between Listed Investment Companies (LIC) and Exchange Traded Funds (ETFs) might be small on the surface, but they can impact your investment returns significantly.