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End of Financial Year Traps: Don’t Let ‘Deduction-itis’ Destroy Your Wealth!

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Manage episode 480805991 series 2837129
Content provided by Jason Whitton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jason Whitton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

As the end of financial year (EOFY) approaches, it’s easy to fall into the trap of deduction-driven spending—but is it really saving you money? In today’s Wealth Coffee Chat, Daniel McPherson unpacks “deduction-itis,” the dangerous mindset that leads investors and business owners to waste cash under the guise of tax savings. From flashy car purchases to overpriced tech, we explore real-life examples, smarter strategies, and how to keep your wealth on track. Discover EOFY tax tips, compliance pitfalls, and why your cash flow matters more than deductions.

  continue reading

427 episodes

Artwork
iconShare
 
Manage episode 480805991 series 2837129
Content provided by Jason Whitton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jason Whitton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

As the end of financial year (EOFY) approaches, it’s easy to fall into the trap of deduction-driven spending—but is it really saving you money? In today’s Wealth Coffee Chat, Daniel McPherson unpacks “deduction-itis,” the dangerous mindset that leads investors and business owners to waste cash under the guise of tax savings. From flashy car purchases to overpriced tech, we explore real-life examples, smarter strategies, and how to keep your wealth on track. Discover EOFY tax tips, compliance pitfalls, and why your cash flow matters more than deductions.

  continue reading

427 episodes

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