Australia has developed the following list of handy hints to help Australians prepare their individual tax returns, and maximise tax deductions, offsets and other entitlements, for the year ended 30 June 2008. Defer income and bring forward deductions It usually makes sense to defer the receipt of income and bring forward deductions such as interest payments, subject to the operation of the prepayment rules, before the end of the financial year. In view of the personal tax changes, which comm.
