Tax Summary 2010 & 2011 (Paper)

The Tax Summary is your complete guide to tax saving tips and strategies, as well as traps to be avoided, and will prove an invaluable addition to any financial library. 

This is the 91st edition of the Tax Summary, now well established as one of the most informative and practical books on taxation published in Australia. Its trademark plain-English approach makes it essential reading for all taxpayers seeking information and tools to ensure they pay the right amount of tax and not a cent more.

Click here to view Table of Contents and Index.  

The 2010 & 2011 edition is your complete guide to:

INCOME TAX RATES – new rates, thresholds and tax offsets

INDIVIDUALS AND CONTRACTORS – comprehensive list of eligible deductions

SUPERANNUATION – changes to the contribution rules and an explanation as to how benefits are taxed    

CAPITAL GAINS – capital gains tax explained, including concessions

INVESTMENT PROPERTY – tax implications of owning a rental property

RETIREMENT – planning for retirement, including the age pension

INVESTORS – the income and deductions affecting investors

SMALL BUSINESS ENTITIES – a complete chapter devoted to small business entities and tax concessions unique to them

BUSINESS DEDUCTIONS – comprehensive guide to business deductions

TRUSTS – a complete chapter explaining the tax considerations specific to trust structures, including the impact of the High Court decision in the Bamford case

PERSONAL SERVICES INCOME – entire chapter explaining the PSI rules and how they interact with other tax provisions

FRINGE BENEFITS TAX – a comprehensive guide to FBT, including reporting requirements and salary sacrifice examples

PAYROLL TAX – practical state-by-state guide