Hi all,
I have 2 questions....
1) What is the preferred method of recouping your taxable deductions? Submitting a Tax Variation form to the ATO and receiving the monies each pay period or waiting till the end of the year and receiving a lump sum? and
2) Where the investor has a variable income does this make claiming the flat % reduction of tax paid more problematic such that he/she might be up for a tax bill at the end of the financial year due to a swing in income from previously?
Thanks
Peter
I have 2 questions....
1) What is the preferred method of recouping your taxable deductions? Submitting a Tax Variation form to the ATO and receiving the monies each pay period or waiting till the end of the year and receiving a lump sum? and
2) Where the investor has a variable income does this make claiming the flat % reduction of tax paid more problematic such that he/she might be up for a tax bill at the end of the financial year due to a swing in income from previously?
Thanks
Peter