Tax refund

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With the end of the financial year fast approaching, property investors are being urged to look into depreciation or risk losing thousands.

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Research released by accounting firm BMT found that 12 per cent of property owners fail to claim depreciation schedules as part of their tax deduction, despite it being the second largest tax benefit for property owners.

Depreciation is the natural wear and tear of property and assets over time. It is the second-largest tax deduction available for investment property owners after loan interest, yet tens of thousands of investors are neglecting to claim depreciation to its full potential.

“In the last three years, more than 25,000 people who have come to BMT for a tax depreciation schedule have been missing out on claiming any depreciation in previous financial years,” Bradley Beer, BMT chief executive officer, revealed.

Mr Beer noted that property depreciation isn’t the same as other tax deductions. Investors don’t need to spend any cash to claim it, which is why it’s easily missed. And people don’t realise it can be claimed for up to 40 years.

“If an investor buys a new four-bedroom house for $750,000, they could expect a first-year deduction of over $16,000, while the cumulative five-year deductions would be around $67,500,” Mr Beer told investors. 

The CEO continued to explain that investors regardless of the size of their portfolio can still claim thousands in depreciation deductions. 

“A second-hand, two-bedroom unit purchased for $550,000 can still result in a first-year depreciation deduction of over $6,500 and cumulative five-year deductions of over $27,000.”

Mr Beer said that investors who have not been claiming depreciation could still claw back some missed dollars.

“It’s quite straightforward to amend two previous years’ tax returns with our schedules, but anything beyond this can get complex and come under tax commissioner scrutiny. So, it’s best to get on top of it early,” said Mr Beer.

“Claiming depreciation can be the difference between a negative and positive cash flow. We see it help investors build equity and grow their portfolios throughout their investing journey,” he concluded.

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With the end of the financial year fast approaching, property investors are being urged to look into depreciation or risk losing thousands.

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The Australian Taxation Office is using new data amid concerns that over $172 billion in contractor tax income is not being declared properly.

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Under the changes, businesses that pay contractors in the courier, cleaning, building and construction, road freight, information technology, security, investigation or surveillance services industries are required to tell the ATO of payments made to contractors.

ATO Assistant Commissioner Peter Holt warned that the Tax Office is using data from its Taxable Payment Reporting System (TPRS) to create a clearer view than ever before of payments made to contractors in these industries. 

“More than 158,000 businesses have now reported all payments made to contractors in the 2019–20 year to us. This data, combined with our sophisticated data and analytics capability, means our field of vision to detect unreported income is better than ever,” Mr Holt said. 

The ATO is using the data to proactively contact contractors to make sure they haven’t forgotten to declare the income reported through the TPRS.

“Where we discover a discrepancy, our first step is always to contact the taxpayer or their tax professional to check they have fully reported these payments in their tax return,” Mr Holt said.

Deliberately not reporting or under-reporting business income to the ATO contributes to the shadow economy. 

The ATO estimates that small businesses operating in the shadow economy costs the community more than $6.7 billion in unpaid tax every year.

“Honest courier drivers do the right thing: they pay their rego, pay their road tolls, stick to the speed limit, and pay their taxes. It’s not fair that some dishonest drivers get to skip the ‘toll booth’ and get an advantage over their honest competitors,” Mr Holt said. 

In the case study the ATO gave to taxpayers, ‘John’ a delivery truck driver earns $80,000 salary for his Monday to Friday job, while making $40,000 a year from his weekend contract.  

However, the driver only reported the salary in his tax return, excluding the $40,000 in contractor payments.

“A few months later, the ATO received a Taxable Payment Annual Report from the courier company that contracted John, reporting the $40,000 in income. We cross-matched the TPRS data with John’s tax return and noticed there was no business income declared,” the ATO said.

“We then sent John a letter asking him about the discrepancy and reminding him that he will need to declare the income. John lodged an amendment and paid the difference in tax owed.”

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The Australian Taxation Office is using new data amid concerns that over $172 billion in contractor tax income is not being declared properly.

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Not all careers are equal in the eyes of the tax system, with workers in certain industries able to tap into a jackpot of tax perks if they stay on top of their expenses.

Write comment (0 Comments) " ["fulltext"]=> string(4499) "

“It’s true, not all jobs are created equal,” CPA accountant, Coco Hou, said in a recent statement.

According to the managing director of Platinum Accounting Australia, when it comes to some careers, even side gigs, the tax perks can completely outweigh others.

“The shocking thing is that far too many people who work in these unusual tax return industries do not know even the gold pot they’re sitting on.

“A number of these industries allow workers to claim tax on niche and industry-specific things that aren’t commonly discussed across the board,” Ms Hou added. 

The general rule, she explained, is that if an employee incurs an expense as part of their job and they aren’t reimbursed by their employer, they are entitled to make a claim on those work-related items.

Ms Hou hinted that the following four careers could have access to some unexpected deductions come 30 June.

Tradespersons

According to Ms Hou, construction and manufacturing workers can hit the absolute jackpot with tax perks if they are sure to keep track of all of their expenses throughout the year.

“When it comes to their tools, or other industry-specific equipment, that are required to complete their job, they can claim an immediate deduction costing up to $300. It is not widely known either, that trades can claim a deduction on the interest charged on financing equipment, as well as on the cost of insuring them,” Ms Hou added.

According to the expert, another extraordinarily under-celebrated tax perk in an industry that is notorious for overtime hours, is that trades can claim for overtime meal expenses when they receive an overtime meal allowance.

“Other expenses to keep in mind for tax time include trade union fees, the fees associated with renewing professional licences, registrations and subscriptions, and self-education courses that are related to their career at university or TAFE.”

Teachers

Ms Hou revealed that one of the key things teachers miss in their deductions is the depreciation on technology like computers, laptops, printers, mobile phones and tablets that are more than $300.

“Any of these personal devices that are used for work purposes are absolutely eligible for deductions – talk about a tax perk,” Ms Hou explained.

“Most teachers prepare lessons and mark homework while at home, so I would urge them to claim home office expenses, such as utility bills and internet costs. Any stationery, pens, printer cartridges or art materials that they are not reimbursed by the school for are all tax deductible as well.”

Ms Hou reminded that teachers can also receive tax perks on conferences, excursions and courses linked to their career, as well as travel, textbook, meal and accommodation costs that come out of their own pocket.

Retail workers

Retail workers can claim the cost of travel from one work location to another. As such, Ms Hou’s advice is to keep a log of all of the work-related trips they take to claim a deduction.

“If staff are required to wear a uniform that has the business’s logo on it, you are also able to deduct the expenses from buying and maintaining those pieces.

“While a plain shirt would not qualify, a plain white shirt embroidered with the workplace name absolutely would. Any protective equipment associated with the role can also be claimed under the same guise, including sunscreen, helmets and safety goggles,” Ms Hou said.

Office-based staff

“Handbag lovers rejoice! If a handbag or briefcase is required for work practices like carrying paperwork or a laptop, the cost of it is absolutely claimable for office workers,” Ms Hou said.

She warned, however, that the Australian Taxation Office may not be as receptive to a $2,000 Louis Vuitton bag as a $200 classic leather piece.

Another tax perk for office workers is the cost of parking, tolls and public transport costs for their cars on work-related journeys.

On the other hand, if workers find themselves working from home, they can still make claims on a proportion of home office running expenses based on the actual costs or at 52 cents per hour.

But the most important thing for any worker looking for tax deductions is simply to keep records.

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Not all careers are equal in the eyes of the tax system, with workers in certain industries able to tap into a jackpot of tax perks if they stay on top of their expenses.

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A property interest group has argued for the end of stamp duty, urging the government to replace it with a more efficient and equitable tax system. 

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In its latest consultation document, addressed to the NSW government, the Housing Industry Association (HIA) has argued for the abolishment of stamp duty, which it said has created a "constant state of paralysis" for the states. 

The consultation document follows NSW Treasurer Dominic Perrottet’s statement that the tax is a relic from a bygone era. 

Instead of telling the government to adopt a particular strategy, HIA’s chief economist, Tim Reardon, simply said that the case for abolishing stamp duty is so strong that it doesn’t matter which option is adopted as long as stamp duty is abolished.

“Penalising households for pursuing home ownership does not lead to good economic or social outcomes,” he explained. 

The HIA opined that the "ineffective" tax should be replaced with a more stable, efficient and equitable tax. 

“A constant state of paralysis has resulted in a cascading of tax problems as state governments have become increasingly dependent on stamp duty for revenue. This is despite stamp duty being universally recognised as one of the most inefficient and inequitable taxes that does not provide a stable revenue stream,” Mr Reardon said. 

He explained that there are numerous strategies that can be pursued instead of stamp duty, including phased-in approaches or an opt in/opt out arrangements. 

“As with all sound economic reforms, the benefits of the reform ensure that households disadvantaged from the change can be compensated,” he said.

Mr Reardon further argued that the efficiency benefits of the removal of stamp duty are extensive.

“Households able to move to a home that suits the size of the family and the location of their employment and studies can lead to a more efficient allocation of public investment in transport infrastructure.

“It allows an ageing population to shift closer to family and medical support, leading to a more efficient allocation of land and healthcare resources,” Mr Reardon said. 

Moreover, he argued that a switch away from stamp duty could offer a better use of land.

“A switch away from stamp duty also offers a better use of land as it penalises low value use of land in areas with high land values.

“This isn’t to ignore the challenges of the reform, as they are significant, but in the case for abolition of stamp duty, the end justifies the means,” concluded Mr Reardon.

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A property interest group has argued for the end of stamp duty, urging the government to replace it with a more efficient and equitable tax system. 

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The aged care royal commission has given the country a once in a generation opportunity to fix the aged care sector by increasing the tax rate, an industry expert has revealed.

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Released on Monday, the aged care royal commission final report contained 148 recommendations aimed at bringing about a “paradigm shift” within the sector.

While the government has pledged nearly half a billion dollars in immediate relief to the sector, to achieve the vision of high-quality aged care, both commissioners Tony Pagone and Lynelle Briggs believe some form of aged care levy should be introduced.

The Australia Institute believes a new Medicare-style aged care levy, which could be applied on a progressive income basis, should be introduced to help Australia’s ageing population.

According to the researchers, decades of tax cuts have seen more inequality and an underfunding of the aged care system which has contributed to a sector in crisis. 

“If we are to take what the Prime Minister calls this ‘once in a generation opportunity’ to address the aged care crisis seriously, we should also use it to make a generational shift in political attitudes to taxation in Australia,” The Australia Institute said. 

The researchers pointed out that while the commission disagrees on various aspects of reforms that are needed, they were united on the need to increase government revenue. 

“Increasing the Medicare levy by at least 1 per cent, or a new progressive aged care levy, is a rare opportunity to shore up Australia’s dwindling revenue base,” said Ben Oquist, executive director of the Australia Institute.

“The shocking findings of the royal commission have highlighted the urgent need for additional funding for Australia’s aged care sector.

The research institution highlights Australia is a relatively low-tax country compared with most OECD countries, with a Medicare levy rise of 1 per cent small in comparison to the size and scale of the recent income tax cuts. 

“It is never politically easy to increase taxes, that is why it is crucial our Parliament does not miss this opportunity to permanently increase Australia’s revenue base,” Mr Oquist said. 

“Collecting more revenue via a very modest permanent increase in the Medicare levy or a new progressive aged care levy will help ensure this opportunity is not lost, helping protect aged care funding into the future.”

Should Australia go down the path of a flat-rate levy, modelling based on current aged care services would mean a levy of 2.61 per cent.

Alternatively, a progressive levy could be applied to current tax brackets, starting at 2.1 per cent for those earning up to $37,000 and rising to 5.1 per cent to those earning more than $180,000.

Mr Pagone said that while nobody would enjoy paying extra taxes, an aged care levy would be the best way to “engender stability and confidence in the future of aged care financing”.

“I also consider it likely to change the way the community perceives aged care for the better, towards it being seen as something valuable in which we all have stake, and that it will lead to greater scrutiny and accountability in the way money is raised and spent on aged care into the future,” he said.

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With thousands of Australian expats either returning or planning on heading home following the COVID-19 pandemic, an accountant has urged them to look into their tax affairs to avoid a hefty tax bill on their return. 

Write comment (0 Comments) " ["fulltext"]=> string(2778) "

HLB Mann Judd tax partner Peter Bembrick believes thousands of returning Australians will need to give consideration towards a range of tax issues, given there are tax nuances depending on the jurisdiction resided in and the length of time spent overseas.

“Even if someone has been living and working abroad for a relatively short period of time, it can still result in a hefty tax bill on their return to Australia,” said Mr Bembrick.

“The nature of COVID-19 also means some expats will have been laid off, so the circumstances dictating their return could be quite stressful. If they’ve got a sound financial strategy in place throughout their stint overseas, it could go a long way in alleviating a lot of the pressure.”

Mr Bembrick urged expats to look beyond their income tax with any share holdings, employee share schemes – particularly in the event of a redundancy, cash in offshore banks accounts and pension funds.

Shares and managed funds will also need to be carefully assessed, particularly if someone has become a non-resident during their time overseas. These types of investments are generally treated under the CGT rules as having been sold at their market value at the time that tax residency changed, triggering deemed capital gains or losses.

“The good news is there would be no further Australian CGT implications if these assets are actually sold while a non-resident. However, if they are still owned when Australian tax residency is resumed, they – along with any new investments – will be deemed to be re-acquired at that time for their current market value, so any future capital gains or losses on sale would relate only to the movement in value during the second period of Australian tax residency, he said. 

The tax expert also warned older Aussies who are returning to pay close attention to pension systems, highlighting the estimated 40,000 Australians receiving some sort of UK pension benefits.

“People who have been living and working in London, for example, often on a high income, need to pay close attention to their pension savings and how to transfer the funds back into the Australian superannuation system.

“Another common situation is when people have changed tax residency and paid tax in another country – they may be able to claim a credit for the foreign tax paid upon their return but only if they have the proper records and structures in place,” Mr Bembrick concluded.

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With thousands of Australian expats either returning or planning on heading home following the COVID-19 pandemic, an accountant has urged them to look into their tax affairs to avoid a hefty tax bill on their return. 

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"2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(3) "url" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "3" ["label"]=> string(17) "First article URL" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(16) "Related Articles" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [8]=> object(stdClass)#5774 (32) { ["id"]=> string(1) "8" ["title"]=> string(18) "Second article URL" ["name"]=> string(18) "second-article-url" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-07-08 05:42:04" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5522 (3) { ["data":protected]=> object(stdClass)#5525 (1) { ["relative"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5524 (3) { ["data":protected]=> object(stdClass)#5527 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(3) "url" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "3" ["label"]=> string(18) "Second article URL" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(16) "Related Articles" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [9]=> object(stdClass)#5773 (32) { ["id"]=> string(1) "9" ["title"]=> string(17) "Third article URL" ["name"]=> string(17) "third-article-url" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-07-08 05:42:42" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5526 (3) { ["data":protected]=> object(stdClass)#5529 (1) { ["relative"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5528 (3) { ["data":protected]=> object(stdClass)#5531 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(3) "url" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "3" ["label"]=> string(17) "Third article URL" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(16) "Related Articles" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [4]=> object(stdClass)#5770 (32) { ["id"]=> string(1) "4" ["title"]=> string(9) "Video URL" ["name"]=> string(9) "video-url" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-19 05:54:21" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "1" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5530 (3) { ["data":protected]=> object(stdClass)#5533 (2) { ["filter"]=> string(0) "" ["maxlength"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5532 (3) { ["data":protected]=> object(stdClass)#5535 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(4) "text" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(9) "Video URL" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [6]=> object(stdClass)#5771 (32) { ["id"]=> string(1) "6" ["title"]=> string(33) "Image Caption / Video description" ["name"]=> string(31) "image-caption-video-description" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-25 16:29:55" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "2" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5534 (3) { ["data":protected]=> object(stdClass)#5537 (2) { ["filter"]=> string(0) "" ["maxlength"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5536 (3) { ["data":protected]=> object(stdClass)#5539 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(0) "" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(4) "text" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(33) "Image Caption / Video description" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [3]=> object(stdClass)#5766 (32) { ["id"]=> string(1) "3" ["title"]=> string(6) "Status" ["name"]=> string(6) "status" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-20 01:45:26" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "3" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5538 (3) { ["data":protected]=> object(stdClass)#5544 (1) { ["options"]=> object(stdClass)#5542 (2) { ["options0"]=> object(stdClass)#5541 (2) { ["name"]=> string(8) "Inactive" ["value"]=> string(1) "0" } ["options1"]=> object(stdClass)#5543 (2) { ["name"]=> string(6) "Active" ["value"]=> string(1) "1" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5540 (3) { ["data":protected]=> object(stdClass)#5546 (10) { ["hint"]=> string(0) "" ["class"]=> string(9) "btn-group" ["label_class"]=> string(0) "" ["show_on"]=> string(0) "" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(6) "Status" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [5]=> object(stdClass)#5769 (32) { ["id"]=> string(1) "5" ["title"]=> string(22) " Essential information" ["name"]=> string(21) "essential-information" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-25 06:10:20" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "4" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5545 (3) { ["data":protected]=> object(stdClass)#5548 (4) { ["buttons"]=> string(0) "" ["width"]=> string(0) "" ["height"]=> string(0) "" ["filter"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5547 (3) { ["data":protected]=> object(stdClass)#5550 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(0) "" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(6) "editor" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(22) " Essential information" ["description"]=> string(35) "3 points that summarize the article" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [2]=> object(stdClass)#5779 (32) { ["id"]=> string(1) "2" ["title"]=> string(14) "Embedded Video" ["name"]=> string(14) "embedded-video" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-20 01:43:32" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "5" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5549 (3) { ["data":protected]=> object(stdClass)#5552 (4) { ["buttons"]=> string(0) "" ["width"]=> string(0) "" ["height"]=> string(0) "" ["filter"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5551 (3) { ["data":protected]=> object(stdClass)#5554 (10) { ["hint"]=> string(29) "Paste your embedded code here" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(6) "editor" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(14) "Embedded Video" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } } ["link"]=> string(63) "/earn-money/tax-refund/expats-cautioned-over-covid-19-tax-traps" ["image"]=> string(45) "images/article-826x550/people-in-plane-ne.jpg" ["image_alt"]=> string(40) "Expats cautioned over COVID-19 tax traps" } }