Knowing exactly what deductions apply to travel expenses can save a heap of hassle at tax time. The Australian Taxation Office (ATO) has released a new ruling that clarifies what expenses employees can deduct for work-related travel. The new ruling, Income tax: When are deductions allowed for employees’ transport expenses? was released this week, bringing together and … Read more
Exit and early termination fees can put the brakes on plans to sell, to refinance, and to renovate or purchase an investment property. Here’s how to avoid them from the start. Fees charged for the early repayment of variable-rate loans were phased out by government reforms in 2011. However, fixed-rate loans may still carry these … Read more
By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia How much investment risk are you willing to take? If you’ve ever used a financial adviser, it’s one of the first questions you’ll be asked when establishing your overall investment strategy. Because your tolerance for risk will ultimately determine the types of assets an adviser will … Read more
