'If I don't have a negatively geared property, but I work and at tax time I have genuine expenses that I claim against my tax, I get a refund for paying too much tax.'
There's a big difference from paying too much tax in advance & getting a refund (e.g PAYG) & not paying any tax at all & getting a refund (NG property)
'If I negative gear a proper, I have income and expenses, if I get a refund it's because I have paid too much tax, I get a refund.'
Except by definition by having a NG propert you haven't paid any tax on it!
- Forums
- Political Debate
- Franking Credits
Franking Credits, page-71
- There are more pages in this discussion • 137 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online