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The New Daily
The New Daily
Michael Pascoe

Michael Pascoe: How to ethically minimise income tax

Helping those who help others through donations is one way of reducing your taxable income, Michael Pascoe writes.

June – the winter solstice, the bare London plane trees in our street briefly not dropping stuff of one type or another, the (optimistic) start of the ski season – and the barrage of EOFY (end of financial year) advertisements encouraging folk to buy a new computer/ute/desk/forklift before June 30 to claim as a tax deduction.

It seems I’m an oddity who is in favour of Australians needing to pay more tax than we do to realise our potential, to be the better country we should and can afford to be.

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