It stings when your hard-earned cash goes off to the tax office. But there are plenty of legal ways to reduce the amount of tax you pay. And each dollar you save on tax is a dollar that can go towards your financial goals. This module outlines some top tips to keep more money in your pocket and less in the tax man’s!
This module covers:
- the tax-free threshold
- taxable income and income tax rates
- the tax benefits of super contributions, and
- possible tax deductions for work-related expenses.