Mannion's Blog

Health insurance and your tax: uncovered

Mannions Business Services - Tuesday, March 31, 2020

If you don’t hold private hospital cover – or are thinking about dropping it – make sure you understand the financial consequences. You could be hit with an extra tax surcharge of up to 1.5% or cost yourself extra premiums in future. Don’t get stung! Read our guide to help you make an informed decision about taking out private health cover.  more here...

Rental property deductions: what can I claim? Part 2

Mannions Business Services - Thursday, March 05, 2020

Are you paying off a loan for an investment property you’ve purchased? The ATO says over-claimed interest is a common error made in rental property expense claims. Find out when you can deduct your interest payments and other associated loan costs, and stay on top of the rules this tax time.  more here...

Recent Posts