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Podcast: Tax time tips for EOFY 2020

Posted: 3 June 2020 12:34 pm
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We ask experts all of your tax-time questions from how to claim home office expenses and tips for new investors to getting the most out of the EOFY sales and how to save on insurance costs.

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2020 has simultaneously moved at lightning speed and also dragged on for what feels like forever. Alas, June is upon us and the end of the financial year is almost here. That means it's time to start thinking about taxes, take stock of your finances and scout out the best EOFY deals.

While tax time is always a bit confusing, the impacts of coronavirus have changed what and how we can claim this EOFY. In this episode of the Pocket Money podcast, we're joined by five of Finder's finance experts to answer all of your tax-time and EOFY questions. We cover everything from claiming work from home expenses and superannuation to investing in property and stocks, the Medicare Levy Surcharge and what we can expect from the EOFY sales.

Read the transcript of this episode

Mentioned in this episode

Coronavirus: How to lodge your tax return

How to claim home office expenses

What is the Medicare Levy Surcharge?

Lifetime Health Cover (LHC) loading

Compare and learn more about income protection

Guide to health insurance

Tax tips for property investors

Guide to property investment and home loans

End of financial year sales

How to lodge a tax return if you invest in shares

What are franking credits?

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The Finder Pocket Money podcast is intended to provide you with tips, tools, and strategies that will help you make better decisions. Although we're licensed and authorised, we (and our guests) aren't providing any form of financial or legal advice. So please consider your own situation and get proper advice about your individual circumstances before making any decisions based on anything on our show. Thanks for listening.

Have questions for the Pocket Money crew? Want to suggest a future episode idea? Hoping to speak with other curious young adults sorting through their lives and their money?

Pocket Money is hosted by Sally McMullen and Kate Browne, produced and directed by Ankita Shetty, with editing by Brianna Ansaldo.

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