Tax isn’t always the first thing on your mind when getting started with investing, but it should be near the top of your list. On today’s episode of The Australian Finance Podcast, we’ve got the ATO’s Assistant Commissioner for Individuals and intermediaries, Tim Loh, on the show to give new investors a crash course in tax! In this episode we highlight the importance of understanding tax basics, key taxes that investors need to know about when buying shares, investment properties and cryptocurrencies, along with tips for new investors wanting to make tax time easier on themselves. Please head to the ATO’s great website to learn more about every topic mentioned in this episode: ato.gov.au. Episode transcript now available via the show notes page. Take one of our amazing FREE financial education courses (think ETFs, shares, property and FIRE) on Rask Education and join our wonderful FB community. Score $100 off our premium ASX & US share research service, Rask Invest! If you want to thank us for putting this show together, please give The Australian Finance Podcast a 5 star review on Apple Podcasts - it’s a 5 second task which really helps support the show (and puts a big smile on our faces). Full individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. || We're proudly supported by ETF Securities || Learn more about ETF Securities: https://bit.ly/fundsETFS | DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Date recorded: 16th February 2022 Learn more about your ad choices. Visit megaphone.fm/adchoices

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“What did the council decide on item 42?” — answered with the speaker and the moment.