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]