Scott Francis in his latest Eureka Report article highlights ten tax mistakes to be avoided:
1: Making tax considerations drive your investment strategy
2: Parking money in managed funds
3: Attempting a “wash sale”
4: Deductions that don’t match your personal situation
5: Putting too much in super
6: Putting too little in super
7: Squandering tax cuts
8: Failing to claim for charitable donations
9: Not claiming the $1000 tax exemption for employee share programs
10: Failing to get organised
To look further into these ten items please take a look at Scott's article - 10 costly tax mistakes
