Buy almost anything in Australia, from an ice cream through to 100-inch flat-screen TV, and the advertised is sticker price is the maximum you will pay.
You may be able to negotiate the price of big ticket items down, such as that enormous television, but the law states that retailers must include the cost of the goods and services tax (GST) in any advertised price.
Tips for calculating your car-related tax deduction
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Another financial new year has come and gone, so it’s time for most of us to start thinking about our taxes. Here are a few tips that may help with some of your car-related tax work.
Unless you’re on a novated lease, any kilometres you do in your car for your job or business can contribute towards a tax deduction. If you’re on a novated lease, this article does not apply to you and you're already entitled to a series of potential tax benefits, which we'll talk about in a future feature.
