Article Abstract:
Damien Patch, a day trader, turned over about $8 million on racing, casinos and share trades in 2004. He is trying to persuade the tax office regarding clarification of his tax status as a first step in a campaign to have his share-trading gains declared non-taxable winning from gambling.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
An analysis of the total and permanent disability cover within the self-managed super funds (SMSF) is presented. The conflicts in provisions of Australian tax policy, insurance companies and SMSF trust deeds relating to the total and permanent disability are discussed.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Buying insurance through superannuation fund is a preferred option of Australians. The advantages and disadvantages of such process are analyzed.
User Contributions:
Comment about this article or add new information about this topic: