The COVID-19 crisis is turning out to be a tough time for many households. Maximising tax effectiveness is one strategy for being smart with your finances.
With the financial impact of COVID-19 being felt by many individuals and families, perhaps you’re looking to lodge your next tax return quickly to benefit from a refund. Before the end of the financial year arrives on 30 June, it’s worth looking at ways to maximise any tax offsets, deductions and contributions – for your super and for working from home.
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