Book details

Book description

Created especially for the Australian customer!

Take on tax issues with confidence - and minimise your tax bill

Paying tax doesn't have to be a nightmare. In Tax For Australians For Dummies, 2^nd Edition, Jimmy B. Prince steers you through the labyrinth of everyday tax issues. Whether you're an employee, investor, business owner, retiree or student, this easy-to-follow guide answers your tax questions. Bonus materials are available offline at www. dummies. com.

• Build your tax knowledge-lodge a tax return or deal with an audit with confidence
• Investigate tax-effective investment-take advantage of investing in shares and property
• Reduce your tax bill as a small business owner-understand the rules and claim, claim, claim
• Understand your income tax rates-deal with federal, state and local government taxes
• Find expert guidance-come to terms with key tax principles and tap into the cases behind Australian tax law
• Choose the right business structure-reduce your business tax bill the right way
• Prepare for retirement-plan for tax-free twilight years
• Tap into government concessions-understand all the options

Open the book and find:

• Strategies to reduce the tax paid on share dividends
• How you're taxed if you receive a termination or redundancy payment
• Case studies-with practical, step-by-step examples
• How your child's income, investments and trust distribution are taxed
• Exactly what you need to know about GST
• How to calculate capital gains tax on sale of investments
• Which tax concession you can claim for your business type

Learn to:

• Lodge your tax returns and maximise your refund
• Minimise your small business tax bill
• Make the most of tax-free investing
• Use the tax system to increase your super

Jimmy B. Prince is a fellow of CPA Australia, a tax specialist and author of several investment books. He teaches tax courses and is s former lecturer and tutor in income tax law at La Trobe University. During his career, Jimmy has worked for the Australian Taxation Office.