About the author xi How to use this book xiii Introduction xv Part I You and your family 1 1 Marriage 2 2 Income splitting 4 3 Dependant (invalid and carer) tax offset 6 4 Children 8 5 Paid parental leave 10 6 Dad and partner pay 11 7 Child care 12 8 Low-income earners 14 9 Senior and pensioner tax offset 16 10 Other government benef its 18 11 Family breakdown 21 12 Death 23 13 Trusts 25 Part II Your employment 29 14 Car usage 30 15 Methods to claim car travel 33 16 Travel 35 17 Uniform 37 18 Home off ice 39 19 Other work-related deductions 42 20 Keeping those receipts 44 21 ATO hit lists 47 22 Redundancy 50 23 Working a second job 52 24 Salary sacrif ice 54 25 Fringe benef its 56 26 Living-away-from-home allowance 60 Part III Your education 65 27 Claiming self-education expenses 66 28 The $250 threshold 68 29 Self-development courses 70 30 Higher Education Loan Program 72 31 Student Financial Supplement Scheme 74 32 Austudy and ABSTUDY 76 33 Trade Support Loans 79 34 Scholarships 80 35 School building funds 82 36 Education savings plans 84 37 Other government assistance 86 Part IV Your investment property 89 38 Negative gearing 91 39 Interest 93 40 Depreciation 96 41 Low-value pooling 98 42 Repairs and maintenance 100 43 Travel to see your investment property 102 44 Borrowing expenses 104 45 Legal expenses 106 46 Other rental property deductions 108 47 Foreign investment properties 111 48 Capital gains tax 113 49 PAYG withholding variation 115 50 Property genuinely available for rent 117 Part V Your shares 119 51 Dividends 120 52 Franking credits 123 53 Dividend reinvestment plans 125 54 Lower income earners 126 55 Borrowing to buy shares 129 56 Other allowable deductions 131 57 Shares and capital gains tax 132 58 Realising capital losses 134 59 Inheriting share portfolios 136 60 Share traders versus share investors 138 61 Rights and options 140 62 Employee share schemes 142 63 Share portfolios within self managed superannuation funds 144 Part VI Your superannuation 147 64 Contribution limits 150 65 Compulsory employer contributions 153 66 Salary sacrifice 156 67 Super co-contribution 159 68 Transferring foreign super 162 69 Self managed superannuation funds 164 70 Buying property within SMSFs 167 71 Gearing through a super fund 170 72 Accessing your super 173 73 Transition to retirement 175 74 Account-based pensions 177 75 Death benefits 180 76 Lost or unclaimed super 182 101 ways to save money on your tax -- legally! Part vii Your business 185 77 Choosing the right business structure 187 78 Tax obligations 191 79 Record keeping 193 80 Deferring tax 196 81 Trading stock 198 82 Bad debts 200 83 Home-based businesses 201 84 Employing people 204 85 Tax concessions and offsets 207 86 Selling or closing down 210 87 Personal services income 212 88 Non-commercial losses 213 89 Franchising 215 Part viii Miscellaneous 217 90 Overseas income 217 91 Getting a great accountant 220 92 Lodging your tax return 222 93 Amending returns and objecting to assessments 225 94 ATO data matching 227 95 Problems paying your tax 230 96 Medical expenses tax offset 231 97 Levies 234 98 Zone and overseas forces tax offsets 237 99 Tax-effective investments 239 100 Tax planning as a 365-day process 240 101 Just do it! 242 Glossary 245 Bibliography 261 Index 263.