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Go Matilda - Your Gateway to Australia The Go Matilda Forums The Go Matilda Forums The Tax and Money Forum Negative gearing claims soar
The Go Matilda Forums The Go Matilda Forums The Tax and Money Forum Negative gearing claims soar|
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Article from Melbourne's Herald Sun newspaper about negative gearing - this is the claiming of losses from investment activity (usually the rental of property) to reduce assessable income and hence one's tax bill. Note that this concept does not exist in the UK.
The use of negative gearing to reduce taxes has rocketed, with part-time working mothers and young singles battling to make ends meet taking up the tax break. http://www.hwt.com.au/common/story_page/0,5478,17695700%255E421,00.html Alan Collett alan-at-gomatilda-dot-com Registered Migration Agent Number 0102534 Fellow of the Institute of Chartered Accountants in England and Wales Member of the Institute of Chartered Accountants in Australia http://www.gomatilda.com and http://www.collettandco.co.uk Offices in Southampton - England; Melbourne, Perth, Brisbane, and Geelong - Australia |
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Go Matilda - Your Gateway to Australia The Go Matilda Forums The Go Matilda Forums The Tax and Money Forum Negative gearing claims soar
The Go Matilda Forums The Go Matilda Forums The Tax and Money Forum Negative gearing claims soar© The Go Matilda Trading Company Limited 2002
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