Search results

  1. A

    Family tax benefit rules are up the creek

    Ausprop is explaining it incorrectly, but the net effect is as described. They do not add it back twice. But what they do with their starting point calculations creates the anomaly. Centrelink don't see a negative income. For the purposes of calculating eligibility for various payments, they...
  2. A

    Family tax benefit rules are up the creek

    Sorry. Got interrupted composing the post and didn't realise I hadn't finished it before posting... Thing is, this doesn't help retrospectively. But it also kind of has the same effect as doing an income tax variation. Salary sacrifice all cash investment expenses through your employer...
  3. A

    Family tax benefit rules are up the creek

    "Negative gearing" losses from real estate investment have been "added back" when calculating certain benefits for many years - the anomaly previously was that similar losses from investing in other asset classes ie shares, were not. The last federal budget moved to change this so that all...
Back
Top