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Men's Weekly

it's legal to put your money in, take it out, and save on tax

  • Written by Robert Breunig, Professor of Economics and Director, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
it's legal to put your money in, take it out, and save on taxHelloquence/Unsplash, CC BY-NC

How would you feel if you were having a Zoom meeting with your accountant and they asked “how would you like to save more than $5,000 in income tax over the next six months?”

While probably a bit sceptical (did I hear right? Maybe this technology is faulty? What’s the catch? Surely this is too good to...

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