7 Tips to OPTIMISE Your Australian Tax Return in 2024

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  • Опубліковано 4 жов 2024
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КОМЕНТАРІ • 30

  • @jamiepilbrow9130
    @jamiepilbrow9130 3 місяці тому +1

    Great video Luke, have been following your channel for the past year. Given the higher interest rates maximising the tax return on the investment properties is key!

  • @mrdobalina3451
    @mrdobalina3451 Місяць тому

    We’re in financial year 2024-2025 which means the max super concessional contribution cap for this year is 30k.

  • @Rodriguezpaul-9
    @Rodriguezpaul-9 3 місяці тому +27

    I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Rose Strayer.

    • @Brucelanham845
      @Brucelanham845 3 місяці тому

      I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

    • @Nguyenvictory83
      @Nguyenvictory83 3 місяці тому

      The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.

    • @DaveCulbertson
      @DaveCulbertson 3 місяці тому

      Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's

    • @carolynvo7802
      @carolynvo7802 3 місяці тому

      This sounds so good and I would like to be a party to it, is there any way I can speak with her?

    • @Scottweeier846
      @Scottweeier846 3 місяці тому

      After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
      Glory to God shalom.

  • @sydney8382
    @sydney8382 3 місяці тому +2

    Top video mate

  • @thedon9670
    @thedon9670 3 місяці тому

    8:28 What do you mean by reduce your dividends from your companies? How can your companies pay you dividends? Cheers

  • @davidbragg30
    @davidbragg30 3 місяці тому

    Hi Luke, what do you think about requesting a tax variance to assist with cashflow?
    I had a spruiker recommend it but I wasn't familiar with it. From what i understand its spreading deductions over the year to ease the negative gearing impact. Sounds like you could get an unexpected tax bill if you didn't calculate correctly.

    • @lukewiles1
      @lukewiles1  3 місяці тому

      This is known as a PAYG Variation. It's a good idea in theory but really only improves your cashflows not your P&L. Hence why spruikers would promote it but really net result is the same

  • @guysmiley4872
    @guysmiley4872 3 місяці тому +1

    Great video

  • @andreifrolov82
    @andreifrolov82 3 місяці тому

    Time stamps please

  • @kanwalsingh9358
    @kanwalsingh9358 Місяць тому

    VERY NICE

  • @deeprelaxationtherapyai
    @deeprelaxationtherapyai 3 місяці тому

    Fantastic!!

  • @SubwayOM
    @SubwayOM 3 місяці тому

    access to super is at 60, not 65

    • @dekumutant
      @dekumutant 3 місяці тому +4

      it depends on when you were born, its been shifted

  • @carlgallego1936
    @carlgallego1936 3 місяці тому

    dude where's your eyebrows?

    • @lukewiles1
      @lukewiles1  3 місяці тому +3

      I have an autoimmune condition called alopecia areata. Not a bad barber lol

    • @carlgallego1936
      @carlgallego1936 3 місяці тому

      Oh sorry to hear that, wasnt being rude I was just trying to pull your mickey. Great content as always.

    • @lukewiles1
      @lukewiles1  3 місяці тому

      @@carlgallego1936 all good brother no stress