mitta replied to the topic power of attorney in the forum Help Needed! 17 years, 10 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, 10 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]