Flow-Rider
Burner
The tax pack...
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The tax pack...
depends on your financial situation and asset position.Any particular reading you would suggest for someone with flexible monetary morals
yes. actually.The tax pack...
Thanks for the detailed info, as I have found in the past a lot of the common ones require housing assets. Good advice on books they are dinosaurs in our current highly volatile digital agedepends on your financial situation and asset position.
The ATO website is great. It literally tells you how you can legally avoid tax based on our tax laws. Most people overpay tax and never know.. A perfect example isabusingbenefiting from Capital Gains exemptions on your personal home. Basically, the premise is you don’t have to pay any tax on the profit you make from the home you live in. This is Ok because they recognise that by the time you sell, the market has gone up and you’re likely to use the profits towards a purchase of your new home in the newer inflated market.
HOWEVER where it gets totallyabusablebeneficial is what’s called the “six year rule”. The ATO lets you be not live in that home for up to 6 years and continue to claim a capital gains exemption on that home’s capital gain for a further six years. Its also not a straight six years, it can be broken up. I.e. you could rent it out for 2 years, go traveling, come back, move in again and you’ve only used up 2 of the 6 years available to you . That’s 2 years tax free cap gains. You could go rent somewhere for that time too. If you live in an area where house price growth is exponential, you can abuse/benefit the hell out of this.
Another way to benefit is if you are upgrading (and are fortunate enough to keep the original home as an investment), where you upgrade to and how much you spend is of the utmost importance. Because while you are claiming cap gain exemptions for a further 6 years of growth on the investment property, you can’t claim the same exemption when you sell the home you upgraded to for that 6 year period of time. This might sound confusing, and seems like you’re just shifting the tax burden, but there are strategies to minimise the cap gain tax burden on the new home with a bit of planning. HMU in DM if you actually care to know more on that point specifically.
Further reading? Many accounting firms have great case studies on their websites, financial forums (warning - these are really unfriendly, ego driven places). Books are risky as the systems tends to evolve faster than these books account for. Look at set up of auto trading of shares/crypto. You can set automated take profit and buy orders that can largely automate small to large profit streams on volatile but “valuable” crypto like BTC and ETH (be mindful of having to pay tax at some point on any profit you realise that’s not reinvested).
There are more easy and questionable approaches, but I wont advocate for these here. I’m sure it will upset some people and then we get back to shit slinging.
yeah and people who do digital assets dont write books, but blogs and youtube etc. Its hard to sift through that stuff and determine what is good advice if you dont know anything about it. You camn learn though, just takes effort.Thanks for the detailed info, as I have found in the past a lot of the common ones require housing assets. Good advice on books they are dinosaurs in our current highly volatile digital age
Should be a first port of call for regular people with minimally complicated affairs. So many claim up to....without receipt options.yes. actually.
That what I'm saying. The problem is though that disinformation is Russia's strong point. You think that they wouldn't do it with their trackers on but you can never be sure.yes because if something really was going on they'd totally have their trackers on.
it's probably just the kremlin stirring the pot because they know people will comment on it.
disinformation is everyone's strong point, including western governments.That what I'm saying. The problem is though that disinformation is Russia's strong point. You think that they wouldn't do it with their trackers on but you can never be sure.
This old chestnut again.disinformation is everyone's strong point, including western governments.
Remember we got involved in a war over WMDs that never existed.
you're trying to say that Russia are experts at disinformation when both sides do it. I simply just gave one scenario where we disinformation our way into a war.ah You're one of THOSE. makes sense.
Yes and the point others have been trying to make is Russia is way more prolific with it. Last time I checked the USA / UK / Australia had not tried to interfere with and actively influence outcomes of Russian elections. Russia's fingerprints have been all over the Brexit Referendum and the 2016 US Presidential election (and probably the 2020 too) - and there's plenty of evidence to suggest without their involvement the results would've been very different.Point is everyone does disinformation, Russia does it, America does it, Australia does it, we all do it.
Would likely stage a bit of damage to the Ukrainian pipeline. Force up the gas price and give europe less gas for a higher price - win for Russia, loss for europe.Yerp. Especially Germany. But Putin would be hanging himself if he did - something like 40% of their GDP is fuel exports to Western Europe.
Yes, would inflict quite a bit of pain.Would likely stage a bit of damage to the Ukrainian pipeline. Force up the gas price and give europe less gas for a higher price - win for Russia, loss for europe.
If that's a Specialized, it's a shame the rocket missed.