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  1. skater

    Ouch - $30K being taxed and not much deductions to off set

    This! ^^^
  2. skater

    Ouch - $30K being taxed and not much deductions to off set

    He does have superior skills in this regard. I reckon we should get him to give a seminar on it.
  3. skater

    Ouch - $30K being taxed and not much deductions to off set

    Just like many expenses it IS 100% tax deductable, however what you get back depends on your circumstances. In other words, if you earn $100k, and this $300 was the only thing you had that was a deduction, you would get taxed as if you earnt $99,700. That is what is meant by a deduction. It...
  4. skater

    Ouch - $30K being taxed and not much deductions to off set

    So you're investing to save tax? :eek:
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