Recent Content by Barneymaroon

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  1. Barneymaroon
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    Terry's Tax Tips

    On of my kids has a birthday in December 2020. In July 2021 are they eligible for the full adult tax free threshold in the 2020/21 year?
    Post by: Barneymaroon, 24th Jun, 2020 in forum: Accounting & Tax
  2. Barneymaroon
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    Should item be in Low value pool

    Thanks!
    Post by: Barneymaroon, 6th Mar, 2020 in forum: Accounting & Tax
  3. Barneymaroon
    Thread

    Should item be in Low value pool

    We had to replace a clothes line for $290 and installed a water meter in a duplex for $785. I sent these off to the quantity surveyor to add to...
    Thread by: Barneymaroon, 6th Mar, 2020, 2 replies, in forum: Accounting & Tax
  4. Barneymaroon
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    LIC & LIT Argo Global Listed Infrastructure (ALI)

    Van Eyk, Contago, PMC, NAC, WMK were a a few.
    Post by: Barneymaroon, 17th Feb, 2020 in forum: Shares & Funds
  5. Barneymaroon
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    How to handle borrowing expenses

    OK, thanks for clarifying.
    Post by: Barneymaroon, 17th Feb, 2020 in forum: Accounting & Tax
  6. Barneymaroon
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    LIC & LIT Argo Global Listed Infrastructure (ALI)

    I'm glad you asked :) 1. All underformed the ASX200 with investmet ourtcomes. (not their benchmark, but as risk was higher I was hoping for out...
    Post by: Barneymaroon, 17th Feb, 2020 in forum: Shares & Funds
  7. Barneymaroon
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    How to handle borrowing expenses

    Because I got the 500 return, then after the return comes in I have only spent 500. To contine to claim interest on the 1000 would not seem...
    Post by: Barneymaroon, 16th Feb, 2020 in forum: Accounting & Tax
  8. Barneymaroon
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    How to handle borrowing expenses

    Hmmm. Surely if the repair was $1000, and I got $500 tax return then I should not claim interest on the $1000 right?
    Post by: Barneymaroon, 15th Feb, 2020 in forum: Accounting & Tax
  9. Barneymaroon
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    How to handle borrowing expenses

    Good to know. I had not thought of borrowing to pay for maintainence - but your above example make sense. Much appreciated.
    Post by: Barneymaroon, 15th Feb, 2020 in forum: Accounting & Tax
  10. Barneymaroon
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    How to handle borrowing expenses

    You are correct. Deductible over 5 years. Thaks for lnk. The default is for lenders I have dealt with is to add all these to the loan (of which...
    Post by: Barneymaroon, 15th Feb, 2020 in forum: Accounting & Tax
  11. Barneymaroon
    Thread

    How to handle borrowing expenses

    The ATO says I can immediatly deduct borrowing expenses. However my lender included all these in the loan amount to me so am deducting interest...
    Thread by: Barneymaroon, 15th Feb, 2020, 10 replies, in forum: Accounting & Tax
  12. Barneymaroon
    Post

    LIC & LIT Listed Investment Companies (LICs) 2020

    Thanks for posting. Interesting! I did not realise there were selling fees for new LICs - but it figures! Fair point: Why would an adviser put...
    Post by: Barneymaroon, 9th Jan, 2020 in forum: Shares & Funds
  13. Barneymaroon
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    ETF Exchange Traded Funds (ETFs) 2019

    I wish I had less domestic shares, and in the next drop I will be adding more international so I agree with sentiment. I observe that 50% of Oz...
    Post by: Barneymaroon, 15th Dec, 2019 in forum: Shares & Funds