Tax Archives - Page 3 of 10 - The Property Couch

Free Report: How to Make your Own Super Contributions

By The Property Couch May 10, 2022 in Case Study, Free Resources

It’s almost here folks.

After nearly a year of documenting bills and recording receipts, it’s finally time to whip out the calculators and sharpen those pencils…

Yep, that’s right – it’s the 2022 Tax Season!!

And boy are we excited to get into it!!

Well more specifically, we’re excited to get into all the ways that you can maximise your tax return!

That’s why in our April Bonusisode we invited our favourite Property Tax Guru, Julia Hartman, back to the show to share her knowledge!

But we realised while recording that there was just SO much gold to cover…

That there was only one solution:

To write it down in a report for y’all!!

Hence this report is ALL about making your own super contributions. We explain how to make them, its implications and how you can measure the $27,500 cap!

So what are you waiting for?

Let’s get started! Simply fill in the form below and we’ll email the PDF to your inbox 😊

p.s. Tune in to the full Bonusisode on Tax Planning Tips to Maximise your Returns (Part One) to hear Julia and our own Ben Kingsley unpacking this report. Start playing from 1 minute 33 seconds folks!

p.s.s On the hunt for a good Tax Accountant? Well, look no further! Book in a free and no-obligation initial consultation with one our Tax Experts here!

Free Report: Tax Deductions When Working From Home

By The Property Couch May 10, 2022 in Case Study, Free Resources

We all know that COVID has irrevocably changed how the world works…

From how we interact to travelling regulations, perhaps one of the greatest areas affected is the work sphere.

Gone are the 5-day-in-office-rosters and cramped public transport. Instead, we’re now facing a hybrid of home and work office environments with a sea of new devices and platforms to connect us.

But how do these changes affect your 2022 tax return?

Well, this is exactly what we answer in this free report!!

We’re looking at what taxes you can claim when working from home, how to claim them, AND unpacking how the Australian Taxation Office (ATO) will try to deny your claim.

Basically, we’re looking at how you can maximise your returns this 2022 tax season!!

So what are you waiting for?

Let’s get started! Simply fill in the form below and we’ll email the PDF to your inbox 😊

P.S. In fact, we’re so passionate about maximising your returns this 2022 tax season that we featured a whole Bonusisode around it! Tune in as our favourite Property Tax Guru, Julia Hartman, and our very own Ben Kingsley unpack this report. Start listening from 10 minutes and 48 seconds!

Free Report: Year-end considerations for Rental Property Owners

By The Property Couch May 10, 2022 in Case Study, Free Resources

As the year draws to a close, we begin reflecting on the changes we’ve made over the past year…

Wait – we’re not talking about Christmas or the end of 2022!

We’re talking about the end of the financial year for property investors!!

This time is all about recording those new changes to your homes – be it repairs, renovations or improvements – and submitting them in your 2022 tax return!

This report covers what you can claim when doing either of these three (plus what isn’t tax-deductible) and what general deductions you can make.

Simply put, we’re trying to share some tax tips to maximise your return this tax season!!

So what are you waiting for?

Let’s get started! Simply fill in the form below and we’ll email the PDF to your inbox 😊

p.s. Tune in to the full Bonusisode on Tax Planning Tips to Maximise your Returns (Part One) to hear Property Tax Guru Julia Hartman and our own Ben Kingsley unpacking this report. Start playing from 32 minutes 56 seconds folks!

p.s.s On the hunt for a good Tax Accountant? Well, look no further! Book in a free and no-obligation initial consultation with one our Tax Experts here!

Bonusisode with Julia – Tax Planning Tips to Maximise your Returns (Part One)

By The Property Couch May 10, 2022 in Free Resources, Podcast

As the old saying goes…

“By failing to prepare, you are preparing to fail”.

And folks, we believe this holds true today which is why this Bonusisode is all about organising your taxes in the lead up to 30 June 2022!! (Part one)

This is the 2nd episode from our NEW Property Tax education series called Talking Property Tax with Julia Hartman where we give YOU hot tips and tricks to boost your returns and avoid tax traps.

(Pssst – check out Episode 1: The Top 5 Tax Rules Every Property Investor Must Understand here!!)

In today’s episode, we’re covering…

How to top up your own super…

The BEST bookkeeping practices everyone should implement (Like what records should you keep and how long you should keep them for!!)

AND we’re also giving you handy tips for claiming car and travel costs!!

We’ll also be putting on our property investors’ hats to unpack the difference between Improving vs. Repairing in the eyes of ATO!

But that’s not all!!

To help illustrate what we’re talking about in today’s episode, we’re also giving you 3 FREE reports on:

How to make your own Superannuation Contributions
Tax deductions when working from home
Year-end considerations for Rental Property Owners

Just fill out the forms below to download them now!

There is tons of gold in this Bonusisode so tune in now!

p.s. If you are looking for an experienced and qualified tax accountant, you can reach out to us here 👉 https://thepropertycouch.com.au/tax

p.p.s Make sure you stay tuned for Part 2 where we hone in on maximising your claims with travel, plant and equipment deductions!!

Here’s some of the gold we cover…

1:33 – How to make contributions to your Super
4:09 – What benefits do you get from topping up your Super??
10:48 – Pitfalls of the home office claim
13:24 – What should you be recording when bookkeeping?
17:00 – Should you bother claiming your utility bills in the home office?
18:37 – Listen tothis if you’re self-employed!
19:56 – Let’s Recap!
20:35 – Must-knows with car and travel claims!!
26:53 – Property Taxes and Interest in Advance
27:50 – Why 2022 is a (relatively) LOW tax bracket!
32:56 – Repairs vs. Improvements
36:01 – Example 1: Repairing a roof
37:37 – Example 2: Carpet to Floorboards
41:18 – What is plant equipment?
43:13 – Understanding different depreciation schedules…

Free Report: Tax Implications of Building a Duplex

By The Property Couch April 14, 2022 in Case Study, Free Resources

Folks, we are a biased group of people.

There you go, we said it.

What do we mean by that?

Well, if you have been listening to the past 300+ episodes, you would know that we lean towards passive investment more than active investment. Hence why we say we are bias.

But that does not mean we do not share helpful and educational tips on active investments! In fact, because we know we are no qualified experts in active investments or tax for that matter, we always get the best in the industry to help unpack the nitty-gritty.

And this time it’s no different!

In Episode 386 | BEWARE Tax Traps! How to rebuild or repair after a natural disaster, we asked Julia to enlighten us on what are the tax considerations when it comes to Building a Duplex. As usual, being the detailed-oriented professional that she is, Julia has also helped us create this downloadable to help our community understand this topic a little bit more.

So what are you waiting for?

Let’s get started! Simply fill in the form below and we’ll email the PDF to your inbox 😊

p.s. To help you understand it a little bit more, make sure to tune in to Episode 386 | BEWARE Tax Traps! How to rebuild or repair after a natural disaster – Chat with Julia Hartman. Fast forward to the 36 minute mark and you’ll get to play along at home.

Yep, that’s right – it’s the 2022 Tax Season!!

So what are you waiting for?

So what are you waiting for?

We’re talking about the end of the financial year for property investors!!

So what are you waiting for?

“By failing to prepare, you are preparing to fail”.

Here’s some of the gold we cover…

So what are you waiting for?

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