Total Members: 159,196

mitta

  • mitta replied to the topic power of attorney in the forum Help Needed! 17 years, 9 months ago

    Thanks Natalie and Terry, very helpful.

    Mark

  • mitta replied to the topic Salary Sacrificing – rental expenses in the forum No Subject 17 years, 9 months ago

    Originally posted by trajik:
    If you own the property jointly and your income is in a higher marginal tax bracket, then salary packaging rental expenses gets you a benefit equal to the difference in your marginal tax rates.

    ie,

    If your tax rate is 46.5% and your partners is 16.5% then the benefit is 30% of what you can salary package.

    hope this…[Read more]

mitta

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