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TAXPL013 What will you do with your tax refund? (356 words)
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TAXPL013.doc
Description
This article is a good reminder for your clients who receive tax refunds. It suggests some options to invest it instead of spending it. Options suggested include reducing the mortgage, investing it or putting it into superannuation.
Introduction
Thousands of Australians receive tax refunds every year. Some refunds won’t even cover the cost of a pizza to celebrate, however many are quite substantial. If you’re one of the lucky ones, what will you do with your tax windfall?
Consider these options:
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