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Chasing get-rich-quick schemes, lifestyle inflation, and uncalibrated spending liquidates your financial leverage and locks you into a cycle of lifetime debt. Whilst the average individual looks for short-term hacks and instant gratification, top 1% performance operators focus on long-term capital allocation, skill accumulation, and compounding ...
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The tax office is warning Australians to stop claiming private expenses on their tax returns, with some attempting to claim baby expenses, personal gifts and meal deliveries as work-related. More than 10 million Australians have claimed about $31 billion worth of work-related expenses in their 2024-25 tax returns so far, many relating to working from home. Business reporter Nassim Khadem sits down with ATO's assistant commissioner Anita Challen. #Tax#ATO#TaxReturn#Business#ABCNews
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The tax office is warning Australians to stop claiming private expenses on their tax returns, with some attempting to claim baby expenses, personal gifts and meal deliveries as work-related. More than 10 million Australians have claimed about $31 billion worth of work-related expenses in their 2024-25 tax returns so far, many relating to working from home. Business reporter Nassim Khadem sits down with ATO's assistant commissioner Anita Challen. #Tax#ATO#TaxReturn#Business#ABCNews
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