Jacob Fenech

Jacob, thanks for taking some time to join me on the podcast, mate.

This is going to be really informative for our listeners.

Yeah, thanks for having me on.

I'm pumped.

Is this your first podcast?

Other than stuff that you've done in webinars, is this your first podcast?

Yeah, cool.

I like it.

So a bit of a background.

Jacob and I have worked together on some financial wellness webinars that we've done for some...

customers and it's been heaps of fun talking about the finance plus tax side of things.

And I'm always remarking over you, mate, everyone in the office, I'm saying how good Jacob is and explaining things and just how much energy you bring to the conversation around tax.

So super stoked you could be here and share some of your wisdom with our listeners.

And also, you'll be back for another episode talking about some tips around tax time.

This episode is around about

what are some of the changes that people should be aware of, not just from this year and not just in the year coming, and by that I mean tax year, but all the things that have kind of happened in recent times that people should be aware of.

But to kick things off, what I might do is just provide a very basic explainer of kind of how the tax system works.

Jacob, if I get this wrong, please correct me.

So in very, very simple terms,

You earn income, typically most people earn a salary or they earn, say, dividends from their shares or ETFs.