1.0Lifehacker Australiahttps://www.lifehacker.com.aujohnsmithushttps://www.lifehacker.com.au/author/johnsmithus005gmail-com/Tread Cautiously With Tax Avoidance Schemesrich600338<blockquote class="wp-embedded-content" data-secret="QxEN8e5o3e"><a href="https://www.lifehacker.com.au/2013/06/tread-cautiously-with-tax-avoidance-schemes/">Tread Cautiously With Tax Avoidance Schemes</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.lifehacker.com.au/2013/06/tread-cautiously-with-tax-avoidance-schemes/embed/#?secret=QxEN8e5o3e" width="600" height="338" title="“Tread Cautiously With Tax Avoidance Schemes” — Lifehacker Australia" data-secret="QxEN8e5o3e" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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With the new financial year about to start, it’s tempting to sign up for investments that claim to reduce your tax bill. The Australian Taxation Office (ATO) is anxious to remind you that any scheme which appears to promise reduced tax with no risk is likely to be problematic.