News Articles For March 2011
Depreciation represents a reduction in the value of an asset due to usage over time. What are the tax deductions you can claim?
In this video we show you how to find out whether or not it is worth borrowing to invest in shares by using a margin loan / margin lending. We use the Investment Calculator which has an inbuilt margin loan calculator which you can download only from My Money Calculator. We run through a few example scenarios using an investor named George who is considering getting a margin loan but wants to know
whether he should keep all his money in cash or if he should buy shares with or without a margin loan.
Can I afford an investment property and how much will it cost me?
In simple terms contributions you make into super are classified for tax purposes as either:
1. concessional or 2. non-concessional.
What are Concessional Contributions?
These are before tax employer contributions to super including compulsory employer contributions & salary sacrifice. If you are self-employed these are the contributions you claim as a tax deduction.
This guide aims to provide a simple plain English answer to some of the more common questions about franking credits.
What are franking credits and why do they exist?
Franking credits represent the taxes paid by a company on earnings that have been distributed as dividends.