Investors who negatively gear a property do not make a profit from the rental income they make, instead they rely on making a profit when they sell their property, meanwhile the loss they may reduces the amount of tax they have to pay. Source: Getty / krisanapong detraphiphat
SBS Finance Editor Ricardo Gonçalves speaks with ATO Assistant Commissioner Robert Thomson to find out what the Taxation Office is targeting during tax return season and to get his top tips, while George Boubouras from K2 Asset Management looks back at the financial year that was and gives his predictions for the next 12 months.
SBS Finance Editor Ricardo Gonçalves speaks with ATO Assistant Commissioner Robert Thomson to find out what the Taxation Office is targeting during tax return season and to get his top tips, while George Boubouras from K2 Asset Management looks back at the financial year that was and gives his predictions for the next 12 months.
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