Entries by Matthew Prawirohardjo

Potential changes to HELP loan repayments

Proposed changes to HELP If you’ve been following the news, you may have seen that Labor has proposed changes to the Higher Education Loan Program (HELP). These changes could affect anyone with a HELP loan, including those with Apprentice Support Loans and VET Student Loans. While these changes are not yet law, it’s important to […]

Deductibility of electric vehicle used for work

You have just purchased yourself a shiny new Tesla in the hopes of never again having to spend over $2 per litre of fuel. Now what? What deductions are you entitled to for this electric vehicle? If you are an employee or a sole trader, you can either make your claim using the cents per […]

Risks associated with wash sales

A strategy for investors who own shares that have decreased in value might be to sell them resulting in the capital loss being crystalised and used to offset future gains in their tax returns. However, what if you wanted to retain the shares and crystallise the loss? Is this possible? What if you sold the […]