7 Tips to OPTIMISE Your Australian Tax Return in 2024

Sdílet
Vložit
  • čas přidán 19. 06. 2024
  • 🏠 Looking for a Brisbane Buyers Agent?
    Book in a Free Strategy Session: www.purposeproperty.com.au
    📚 Invest with Purpose: Real Estate Investing Course: course.purposeproperty.com.au/
    Course Includes: ✔️ lifetime access ✔️ workbook + templates ✔️ step by step guide
    📒 Sign Up for the Monthly Purpose Property Newsletter:
    purposeproperty.substack.com/...
    🎯 Socials
    / purposepropertyaus
    / purposepropertyaus
    / _lukewiles
    / _lukewiles
    🛠️ Discover Our Renovation Series!
    How To Flip a House in Australia
    • How To Flip a House in...
    Our Triple Gable Queenslander:
    • Triple Gable Queenslan...
    The Baby Queenslander:
    • The Baby Queenslander ...
    🎬 MUST WATCH VIDEOS
    BRISBANE'S WORST SUBURBS - • BRISBANE'S WORST Subur...
    TOP BRISBANE SUBURBS - • Top 5 Brisbane Suburbs
    HOW TO become a CHARTERED ACCOUNTANT - • Becoming a Chartered A...
    Revealing my SALARY - • MY SALARY as an ACCOUN...
    How I Make $50,260 Passive Income at 27 - • How I Make $51,260 Pas...
    🔎 Disclaimer
    No Legal, Financial & Taxation Advice
    The Listener acknowledges and agrees that:
    Any information provided by us is provided as general information and for general information purposes only. We have not taken the Listeners’ personal and financial circumstances into account when providing information. We must not and have not provided legal, financial or taxation advice to the Listener. The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener’s accountant. The information may not be suitable or applicable to the Listener’s individual circumstances. We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.
    buyers agent
    brisbane
    gold coast
    mortgage broker
    real estate course
    property australia
    investment

Komentáře • 28

  • @jamiepilbrow9130
    @jamiepilbrow9130 Před 25 dny +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!

  • @sydney8382
    @sydney8382 Před 23 dny +2

    Top video mate

  • @guysmiley4872
    @guysmiley4872 Před 26 dny +1

    Great video

  • @thedon9670
    @thedon9670 Před 24 dny

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

  • @deeprelaxationtherapyai

    Fantastic!!

  • @davidbragg30
    @davidbragg30 Před 26 dny

    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  Před 25 dny

      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

  • @andreifrolov82
    @andreifrolov82 Před 26 dny

    Time stamps please

  • @SubwayOM
    @SubwayOM Před 26 dny

    access to super is at 60, not 65

    • @dekumutant
      @dekumutant Před 26 dny +4

      it depends on when you were born, its been shifted

  • @Rodriguezpaul-9
    @Rodriguezpaul-9 Před 25 dny +28

    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 Před 25 dny

      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 Před 25 dny

      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.

    • @Jessecote875
      @Jessecote875 Před 25 dny

      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 Před 25 dny

      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 Před 25 dny

      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.

  • @carlgallego1936
    @carlgallego1936 Před 26 dny

    dude where's your eyebrows?

    • @lukewiles1
      @lukewiles1  Před 25 dny +3

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

    • @carlgallego1936
      @carlgallego1936 Před 25 dny

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

    • @lukewiles1
      @lukewiles1  Před 25 dny

      @@carlgallego1936 all good brother no stress