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退税 - might need to pay more too ato [复制链接]

freshpoint

铜靴族

发表于 2007-7-22 22:49 |显示全部楼层

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it's so bad that there is nothing much to offset against taxable income!

anybody has good ideas?

maybe it's time to buy a property, so less cash income which will be charged by ato

黑山老妖

钻石靴族

发表于 2007-7-23 07:17 |显示全部楼层

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40%tax bracket? Consider negative gearing, maybe. Doesn't have to be property can be shares or investment funds.

freshpoint

铜靴族

发表于 2007-7-23 23:07 |显示全部楼层

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good point mate! but property takes time, shares - not good enough to take geared position
funds - not enough return.

but property could be the most feasible one

where do you reckon is suitable for people livein city... 2 bedder +

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