A savage lesson for investors
Article Abstract:
Roger Duncan a retired pilot from the airlines at the age of 62 invested his savings in the seven different types of tax saving schemes specified to him by a financial agent from Financial Wisdom in 1990. However, none of the schemes were beneficial and hence later a judgment was passed which directed the Financial Wisdom to pay damages to all those investors who invested on the advice of its representatives.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2004
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Work-related travel woes
Article Abstract:
The Australian government is investigating the tax deductions that Andrew Payne has taken for travel between his dear park business at home and his job as a pilot. Restrictions on travel between jobs may mean that less Australians will work second jobs.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2001
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Contractors face twin dangers
Article Abstract:
Australian tax laws that apply to business owners are discussed. New alienation of income rules and anti-avoidance powers allow large penalties if a taxpayer's purpose was to avoid taxes.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2001
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