'Innovative' tax deductions

  1. 351 Posts.
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    Greetings people,

    As the EOFY is approaching, it got me thinking on what deductions could I make, other than capital (like computer), travel costs to AGM, subscriptions to newspaper, stockbroker fees, including the costs related to getting the returns done.

    I am seeking out some ways to further reduce the amount of tax payable that people here can think of.

    I'd really appreciate it if you can contribute to give me some extra ideas -which would help me including all the people who read the posts.

    Thank in advance!
 
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