Hello,
My accountant recently completed my tax for the last financial year and still i have a massive $30K withheld tax that i cannot deduct or offset from my four investment properties' interests and expenses.
Very upsetting to see my $30K goes straight to the tax man.
Could any tax experts and tax professionals tell me what i can do this year to legally claim as much as i can to prevent another $30K of tax?
Could you please provide recommendations as to what other investments and other things i can do to reduce my tax?
I understand shares, opening a business, studying expenses, etc?
thank you.
My accountant recently completed my tax for the last financial year and still i have a massive $30K withheld tax that i cannot deduct or offset from my four investment properties' interests and expenses.
Very upsetting to see my $30K goes straight to the tax man.
Could any tax experts and tax professionals tell me what i can do this year to legally claim as much as i can to prevent another $30K of tax?
Could you please provide recommendations as to what other investments and other things i can do to reduce my tax?
I understand shares, opening a business, studying expenses, etc?
thank you.