GUEST BLOG: Tax Time Comes Around Every Year by Jimmy B. Prince

tax-for-australians-for-dummies-2014-2015Top 5 Tax Tips Overview
• Keep one bank account to record your income.
• Keep receipts to verify and substantiate your work-related expenses.
• If you hold CGT assets for more than 12 months and you make a profit on sale, only 50% is liable to tax.
• Make salary sacrifice contributions to your super fund to save paying tax.
• Read books like Tax for Australians For Dummies to broaden your tax knowledge.

If you earn income (such as salary and wages), you must lodge an annual income tax return for individuals disclosing the taxable income you derived during the financial year. So to comply with your statutory obligations, it’s best that you do the following:

• Credit all the income you derive from various sources to one bank account. This will help you to quickly calculate the amount of assessable income you derived during the financial year.
• Keep receipts to verify and substantiate all the work-related expenses you incur each year (such as, work-related reference books and journals, subscriptions to trade unions or other professional memberships and your tools of trade).
• If you hold assets (such as shares and real estate) for more than 12 months and you make a capital gain on sale, only 50% of the capital gain is liable to tax. But if you make a capital loss you can only offset it against a capital gain.
• If you make salary sacrifice contributions to your complying super fund you could save paying a substantial amount of tax and your retirement nest egg will increase.
• Because every financial transaction you enter into has a tax implication, it’s best that you have a basic understanding of income tax law. Reading books like Tax for Australians For Dummies (which is updated each year) can help you to quickly gain the necessary knowledge you need.

Grab a copy of Tax for Australians for Dummies 2014/15 here

VSAD-dummies-month

And the Week 3 winner of our March into Reading with Scholastic competition is….

T.Irlam, Blayney, NSW
CONGRATULATIONS!

Prize: Scholastic book pack, worth $200!


Order from our March into Reading with Scholastic collection by March 31st and you’ll not only get 30% off Scholastic’s news releases but go in the weekly draw to win a prize pack, worth $200! We have one more weekly prize pack to be won and will be announcing the winner of Week 4, April 2nd.

The prize pack includes:

Marvel The Avengers : Age of Ultron Activity Bag
Marvel The Avengers : Age of Ultron Activity Bag
Friends and Foes : Ready to Read Level 2
Hulk to the Rescue : Ready to Read Level 2
Little Barry Bilby Had a Fly Upon His Nose
We’re Going on an Egg Hunt
Anzac Biscuits
Gallipoli
Me and Moo
Alice in Wonderland
False Note : EJ12 Girl Hero
The Sin Eater’s Daughter
Shoes from Grandpa

Booktopia_Scholastic_FrontPageRotatingBannerClick here to check out our March into Reading with Scholastic collection

David Day, author of Paul Keating: The Biography, chats to John Purcell

David Day is one of Australia’s most respected historians, author of the award-winning biographies of John Curtin and Ben Chifley. He chats to John Purcell about his latest book Paul Keating: The Biography.

Grab a copy of Paul Keating: The Biography here

paul-keating-the-biographyPaul Keating: The Biography

The Story of A Prime Minister

Paul Keating was one of the most significant political figures of the late twentieth century, firstly as Treasurer for eight years and then Prime Minister for five years. Although he has spent all of his adult life in the public eye, Keating has eschewed the idea of publishing his memoirs and has discouraged biographers from writing about his life.

Undaunted, best-selling biographer David Day has taken on the task of giving Keating the biography that he deserves. Based on extensive research in libraries and archives, interviews with Keating’s former colleagues and associates, and walking the tracks of Keating’s life, Day has painted the first complete portrait of Paul Keating, covering both the public and private man.

About the Author

David Day has written widely on Australian history and the history of World War II. His biography of John Curtin won the 2000 Queensland Premier’s Literary Awards Prize for History and was shortlisted for the 2000 New South Wales Premier’s Literary Awards Douglas Stewart Prize for Non-Fiction, while his biography of Ben Chifley was shortlisted for the New South Wales Premier’s Award for History in 2002.

Grab a copy of Paul Keating: The Biography here

EXCLUSIVE INTERVIEW: Michael Palin chats to John Purcell about life, Python, and diary-keeping

Michael Palin is one of the world’s most recognisable comedians and television presenters.

After establishing himself with Monty Python’s Flying Circus, he went on to appear in the acclaimed Monty Python films, as well as A Fish Called Wanda and American Friends, as well as writing books to accompany his hugely successful travel series including Himalaya and Pole to Pole.

He chats to Booktopia’s John Purcell.

travelling-to-workTravelling to Work

Diaries 1988-1998

Travelling To Work is the third volume of Michael Palin’s widely acclaimed diaries. After the Python years and a decade of filming, writing and acting, Palin’s career takes an unexpected direction into travel, which will shape his working life for the next 25 years. Yet, as the diaries reveal, he remained ferociously busy on a host of other projects throughout this whirlwind period. Travelling To Work opens in September 1988 with Michael travelling down the Adriatic on the first leg of a modern-day Around the World in Eighty Days. He was not the BBC’s first choice for the series, but after its success and that of the accompanying book the public naturally wanted more. Palin, though, has other plans. Following the tumultuous success of A Fish Called Wanda, he is in demand as an actor.

His next film, American Friends, is based on his great-grandfather’s diaries. Next he takes on his most demanding role as the head teacher in Alan Bleasdale’s award-winning drama series GBH. There is also his West End play, The Weekend, and a first novel, Hemingway’s Chair, and a lead role in Fierce Creatures, the much-delayed follow-up to Wanda. Michael describes himself as ‘drawn to risk like a moth to a flame. Someone grounded and safe who can be tempted into almost anything.’ He duly finds time for two more travel series, Pole to Pole in 1991, Full Circle in 1996, and two more bestselling books to accompany them. These latest Diaries show a man grasping every opportunity that came his way, and they deal candidly with the doubts and setbacks that accompany this prodigious word-rate. As ever, his family life, with three children growing up fast, is there to anchor him. Travelling To Work is a roller-coaster ride driven by the Palin hallmarks of curiosity and sense of adventure. These ten years in different directions offer riches on every page to his ever-growing army of readers.

Grab a copy of Michael Palin’s Travelling to Work here

Former Prime Minister Malcolm Fraser dies aged 84

9780522858099Former Prime Minister and champion of human rights Malcolm Fraser has passed away.

“It is with deep sadness that we inform you that after a brief illness John Malcolm Fraser died peacefully in the early hours of the morning of 20 March 2015,” a statement read.

“We appreciate that this will be a shock to all who knew and loved him, but ask that the family be left in peace at this difficult time.”

Mr Fraser was sworn in as caretaker prime minister in 1975 after the Whitlam government was dismissed. He led the Liberals to victory in the 1975 election before losing the 1983 election to Labor’s Bob Hawke.

Despite Fraser’s role in the 1975 “coup” against Gough Whitlam, the pair developed a close friendship post politics.

9780522867688In recent years, Mr Fraser had become an outspoken critic of the Liberal Party and quit the party in 2010 over the party’s view on issues such as immigration.

Recently Mr Fraser turned his attention to government criticisms of Australian Human Rights Commission President Gillian Triggs, writing that attacks on her had ‘diminished important work highlighting the worrying expansion of ministerial powers over asylum seekers’.

Labor senator Doug Cameron was shocked to hear of Mr Fraser’s death on Friday, having only recently met with the former prime minister and his wife Tamie.

“I am just devastated that Australia has lost a great voice for human rights,” Senator Cameron told reporters in Canberra.

And the Week 2 winner of our March into Reading with Scholastic competition is….

M.Hamilton, Hewett, SA
CONGRATULATIONS!

Prize: Scholastic book pack, worth $200!


Order from our March into Reading with Scholastic collection by March 31st and you’ll not only get 30% off Scholastic’s news releases but go in the weekly draw to win a prize pack, worth $200! We have two more weekly prize packs to be won and will be announcing the winner of Week 3, March 26th.

The prize pack includes:

Marvel The Avengers : Age of Ultron Activity Bag
Marvel The Avengers : Age of Ultron Activity Bag
Friends and Foes : Ready to Read Level 2
Hulk to the Rescue : Ready to Read Level 2
Little Barry Bilby Had a Fly Upon His Nose
We’re Going on an Egg Hunt
Anzac Biscuits
Gallipoli
Me and Moo
Alice in Wonderland
False Note : EJ12 Girl Hero
The Sin Eater’s Daughter
Shoes from Grandpa

Booktopia_Scholastic_FrontPageRotatingBannerClick here to check out our March into Reading with Scholastic collection

Jamie Oliver in Australia for ‘Ideas at the House’

jamies-oliver-quote-300x300The Naked Chef himself, Jamie Oliver, is back in Australia and taking to the Sydney Opera House to cook, entertain and talk about his Food Revolution that will inspire everyone – mums, dads, kids and teens – to get back to basics and cook good food from scratch.

If you follow us on Facebook, we asked you to tag your favourite foodie friend for a chance to score the tickets.

Congratulations to Troy Simpson! Troy, email us at promos@booktopia.com.au and we’ll give you all the details.

Missed out? Not to worry, we’ll have another Facebook giveaway at midday today, stay tuned!

jamie-s-comfort-foodJamie’s Comfort Food

Jamie’s new cookbook brings together 100 ultimate comfort food recipes from around the world. It’s all about the dishes that are close to your heart, that put a smile on your face and make you feel happy, loved, safe and secure. Inspired by everything from childhood memories to the changing of the seasons, and taking into account the guilty pleasures and sweet indulgences that everyone enjoys, it’s brimming with exciting recipes you’ll fall in love with.

Jamie’s Comfort Food is all about the food you really want to eat, made exactly how you like it. With this in mind, the book features ultimate versions of all-time favourites, and also introduces cherished dishes from countries around the world, providing a delicious recipe for every occasion. This isn’t everyday cooking – this is about weekends, holidays, celebrations and occasions. Whether you’re home alone, or sharing the love with a big group of family or friends, there really is something for everyone.

Click here for more details

save-with-jamieSave with Jamie

Save With Jamie : Shop Smart, Cook Clever, Waste Less – Jamie gets the nation cooking clever, shopping smart and wasting less with his new cookbook, Save with Jamie.

This year, I’ve got the message loud and clear that as everyone comes under bigger and bigger financial pressure, they want help to cook tasty, nutritious food on a budget – so this book was born completely out of public demand. Save with Jamie draws on knowledge and cooking skills to help you make better choices, showing you how to buy economically and efficiently, get the most out of your ingredients, save time and prevent food waste.

And there’s no compromise – I’m talking big flavours, comfort food that makes you happy, and colourful, optimistic dishes. Our biggest luxury is knowledge, whether times are hard or not, so get kitchen smart and smash the recession.

Click here for more details

jamie-s-15-minute-mealsJamie’s 15 Minute Meals

15 Minute Meals is Jamie’s simplest and most straightforward book yet. It pushes the concept of fast, everyday food to a new level, without compromising on flavour. It’s designed to excite and inspire people to prepare a balanced, nutritional, no-nonsense meal every night of the week.

It covers everything from homely British dishes, to Mediterranean family staples as well as Thai, Chinese and Indian-inspired dishes. The layouts are simple and easy to follow, and the punchy titles will grab you as you flick through.

This is Jamie’s most accessible book yet and is suitable for all ages and skill levels – once you start cooking this way, not only will you love it; you’ll never look back.

Click here for more details

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