The Conversation

The government opens a coronavirus super loophole: it's legal to put your money in, take it out, and save on tax

Author: Robert Breunig, Professor of Economics and Director, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University

Helloquence/Unsplash, CC BY-NC

How would you feel if you were having a Zoom meeting with your accountant and they asked “how would you like to save more than $5,000 in income tax over the next six months?”

While probably a bit sceptical (did I hear right? Maybe this technology is faulty? What’s the catch? Surely this is too good to...

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