45. From super to surcharges: tax strategies you should know about

In this episode of Aussie FIRE, Dave and Hayden discuss smaller tax strategies, including the First Home Super Saver Scheme, private health cover, and novated leases for electric vehicles, emphasizing the importance of understanding marginal tax rates and potential benefits. They also explore smaller deductions related to phone, internet, subscriptions, and donations, and discuss future tax optimization plans, highlighting the need for a healthy perspective on taxes relative to overall financial situations. They also discuss common tax mistakes and traps, such as incorrectly assuming debt deductibility and the importance of not focusing solely on the absolute dollar amount of taxes paid.