Terry's Tax Tips

Discussion in 'Accounting & Tax' started by chylld, 19th Aug, 2015.

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  1. SatayKing

    SatayKing Well-Known Member

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    Absolutely if you consider they are useful @Terry_w. Although many tips don't apply to me, I enjoy the thought processes you bring to them.
     
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  2. ClintC

    ClintC New Member

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    Yes please Terry. I always look forward to and read your latest tips and comments
     
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  3. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Let’s get it to 600 then
     
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  4. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Tip 411 - 600 is too many ;)
     
  5. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    It is, lets aim for 500 first!
     
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  6. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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  7. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Tax Tip 412: Strategy - Buy Main Residence using Substitution of Security and Getting Deductible Interest Tax Tip 412: Strategy - Buy Main Residence using Substitution of Security and Getting Deductible Int

    Tax Tip 413: When Should a Private Binding Ruling be Applied for? Tax Tip 413: When Should a Private Binding Ruling be Applied for?

    Tax Tip 414: Parking Someone Else’s Money in your Loan Tax Tip 414: Parking Someone Else’s Money in your Loan

    Tax Tip 415: Paying Tax on Income that isn’t Income? Tax Tip 415: Paying Tax on Income that isn’t Income?

    Tax Tip 416: Investors Losing money in a Ponzi Scheme and Tax Tax Tip 416: Investors Losing money in a Ponzi Scheme and Tax

    Tax Tip 417: Travel in Relation to Residential Property could be Deductible Tax Tip 417: Travel in Relation to Residential Property could be Deductible
     
  8. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    I found these old strategy posts which involve tax

    Strategy: Make the most of the Main Residence CGT exemption https://www.propertychat.com.au/community/threads/strategy-make-the-most-of-the-main-residence-cgt-exemption.23394/
    Strategy: Choosing which property to apply the Main Residence CGT exemption on Strategy: Choosing which property to apply the Main Residence CGT exemption on
    3 Strategies to Save Tax on Super at Death 3 Strategies to Save Tax on Super at Death
    Strategy: Rent and Maximise CGT concessions to Pay off the Home loan sooner Strategy: Rent and Maximise CGT concessions to Pay off the Home loan sooner
     
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  9. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Tax Tip 418: How to Claim a Tax Deduction for a Hobby Tax Tip 418: How to Claim a Tax Deduction for a Hobby

    Tax Tip 419: Trusts and Relatives Operating Businesses - Payroll Tax Trap Tax Tip 419: Trusts and Relatives Operating Businesses - Payroll Tax Trap

    Loan Tip: Can Minor Children Borrow? Loan Tip: Can Minor Children Borrow?

    Tax Tip 420: Refinancing a Div7A loan with a Bank Lender https://www.propertychat.com.au/community/threads/tax-tip-420-refinancing-a-div7a-loan-with-a-bank-lender.67698/

    Tax Tip 421: Children Borrowing from a Bucket Company? Tax Tip 421: Children Borrowing from a Bucket Company?

    Tax Tip 422: Deductions for Tax Advice Tax Tip 422: Deductions for Tax Advice

    Tax Tip 423: Borrow and Park in Offset and Fees Before Using the Money Tax Tip 423: Borrow and Park in Offset and Fees Before Using the Money

    Tax Tip 424: Trusts and Franking Credit Issues for Debt Recycling Tax Tip 424: Trusts and Franking Credit Issues for Debt Recycling

    Tax Tip 425: Claiming a Deduction for your Own Labour https://www.propertychat.com.au/community/threads/tax-tip-425-claiming-a-deduction-for-your-own-labour.67704/

    Tax Tip 426: Tax Issues when Someone else pays the loan? Tax Tip 426: Tax Issues when Someone else pays the loan?

    Tax Tip 427: Death and Passing of Shares in a Company that owns land to a Non-Resident Tax Tip 427: Death and Passing of Shares in a Company that owns land to a Non-Resident

    Tax Tip 428: Borrowing Costs and Borrowing and Parking the Borrowed Money Tax Tip 428: Borrowing Costs and Borrowing and Parking the Borrowed Money
     
  10. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Tax Tip 429: Offset Accounts and Onlending Loan Agreements Tax Tip 429: Offset Accounts and Onlending Loan Agreements

    Tax Tip 430: How a Company can Claim more Deductions than a Person or trust Tax Tip 430: How a Company can Claim more Deductions than a Person or trust

    Tax Tip 431: Depreciating a Dog Tax Tip 431: Depreciating a Dog

    Tax Tip 432: GST Withholding Obligations for Purchasers of Residential Property Tax Tip 432: GST Withholding Obligations for Purchasers of Residential Property

    Tax Tip 433: Offset Accounts and Onlending Loan Agreements Part 2 Tax Tip 433: Offset Accounts and Onlending Loan Agreements Part 2
     
  11. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Tax Tip 434: How Trusts in QLD could result in more or less Land Tax – it depends Tax Tip 434: How Trusts in QLD could result in more or less Land Tax – it depends

    Tax Tip 435: Onlending Money and Not Meeting Monthly Repayments Tax Tip 435: Onlending Money and Not Meeting Monthly Repayments

    Tax Tip 436: How to Work out the New QLD Land Tax Amounts Tax Tip 436: How to Work out the New QLD Land Tax Amounts

    Tax Tip 437: Even if Under the Current Land Tax Threshold in QLD you could be up for Land Tax Tax Tip 437: Even if Under the Current Land Tax Threshold in QLD you could be up for Land Tax

    Tax Tip 438: Use of Trust Property Rent free can Trigger Tax Tax Tip 438: Use of Trust Property Rent free can Trigger Tax

    Tax Tip 439: 2 loans from the one lender, can the borrower choose which to pay back first? Tax Tip 439: 2 loans from the one lender, can the borrower choose which to pay back first?

    Tax Tip 440: Drawing Down Loans in Stages for Debt Recycling Tax Tip 440: Drawing Down Loans in Stages for Debt Recycling

    Tax Tip 441: Borrowing Money from Parents to Save Interest Strategy Tax Tip 441: Borrowing Money from Parents to Save Interest Strategy

    Tax Tip 442: Moving into a Rental Property to Reduce Capital Gains Tax Tip 442: Moving into a Rental Property to Reduce Capital Gains

    Tax Tip 443: A Right to Occupy under a Will and the Main Residence CGT Exemption Tax Tip 443: A Right to Occupy under a Will and the Main Residence CGT Exemption

    Tax Tip 444: Using a Related Company as a Short Term Lender to Maintain Deductibility of Interest Tax Tip 444: Using a Related Company as a Short Term Lender to Maintain Deductibility of Interest

    Tax Tip 445: Can Minor Children Claim a Tax Deduction for Personal Contributions to Super? Tax Tip 445: Can Minor Children Claim a Tax Deduction for Personal Contributions to Super?

    Tax Tip 446: When Onlending Borrowed Money Does the Money have to pass to the borrower first? Tax Tip 446: When Onlending Borrowed Money Does the Money have to pass to the borrower first?

    Tax Tip 447: Main Residence of Deceased Sold More than 2 years after Death and CGT Tax Tip 447: Main Residence of Deceased Sold More than 2 years after Death and CGT

    Tax Tip 448: Repayments on a Loan from a Related Company (Div7A) Tax Tip 448: Repayments on a Loan from a Related Company (Div7A)
     
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  12. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Tax Tip 449: Inadvertently Mixing Loans When Parking Borrowed Funds in Offset Accounts Tax Tip 449: Inadvertently Mixing Loans When Parking Borrowed Funds in Offset Accounts

    Tax Tip 450: Trustees Declaring Tax File Numbers Tax Tip 450: Trustees Declaring Tax File Numbers

    Tax Tip 451: How do you Earn $1mil and Pay No Tax? Tax Tip 451: How do you Earn $1mil and Pay No Tax?

    Tax Tip 452: Parental Loan Strategy – Borrowing to invest Tax Tip 452: Parental Loan Strategy – Borrowing to invest

    Tax Tip 453: When Does a Bucket Company need to be Set up? Tax Tip 453: When Does a Bucket Company need to be Set up?

    Tax Tip 454: Taxation of a Company Receiving Share Dividend Income Tax Tip 454: Taxation of a Company Receiving Share Dividend Income
     
  13. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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  14. MangoMadness

    MangoMadness Well-Known Member

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    Terry, do you take requests?

    How about..
    Tax Tip: Singapore CPF (superannuation) and its tax implications for Australian Residents.

    Is that a worthy topic or a little too specific for an article?
     
  15. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    I don't know anything about that topic
     
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  16. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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  17. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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  18. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    I am going to aim to get it up to 600 tips before 1 Jan 24
     
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  19. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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  20. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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