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string(28) "Wrapping up an eventful 2021"
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string(28) "wrapping-up-an-eventful-2021"
["introtext"]=>
string(220) "
In the final episode of The nestegg Podcast for 2021, host Maja Garaca Djurdjevic checks in with our three experts to hear their final thoughts on the year that’s passed and their hopes for the next 12 months.
" ["fulltext"]=> string(1011) "Steve Waters, director of Right Property Group, talks Christmas selling season and opens up about the key lessons that he’s learnt this year that he will gladly take forward with him into 2022.
RMIT senior lecturer of finance Dr Angel Zhong covers meme stock ETFs as well as provides her thoughts on next year’s economic outlook.
Finally, tax and super guru Timothy Munro shares his end of year financial checklist and some handy tips that could help you keep your credit card in check over the gifting season.
Tune in to hear more below.
Have a question for our experts? Get in touch at editor[email protected], and you might get featured on the next episode.
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string(86) "The tax trick that property investors need to get their renovation deductions in order"
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string(86) "the-tax-trick-that-property-investors-need-to-get-their-renovation-deductions-in-order"
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Knowing the difference between renovations and repairs can mean the difference between a timely tax return and an audit by the ATO.
Write comment (0 Comments) " ["fulltext"]=> string(3551) "BMT Tax Depreciation has issued a timely reminder for property investors, warning them that getting the details wrong can come with costly penalties.
BMT chief executive Bradley Beer said, “There are nuances when it comes to claiming work on investment properties, with differences between how a renovation and general maintenance is claimed at tax time.”
He cautioned property investors to take care, as those who fail to properly record rental property improvements in a tax depreciation schedule risk making inaccurate claims and inviting the scrutiny of the Australian Taxation Office (ATO).
Mr Beer said that investors who renovate and lodge their tax return before ensuring they’ve updated their tax depreciation schedule appropriately do so at their own peril.
According to him, the trick is knowing the difference between a property improvement and property maintenance or repair.
Getting this wrong can be both costly and unlawful, Mr Beer said.
“A rental property improvement is a renovation where something is improved beyond its original state. It must be claimed with depreciation,” he explained.
“An improvement is retiling a bathroom, while fixing cracked plaster is a repair and oiling a deck is maintenance,” he used as an example.
While he admits that improvements are often required “due to wear and tear or damage”, Mr Beer emphasised the importance of not mistaking them for repairs or maintenance in their tax depreciation schedule.
Many of Mr Beer’s concerns are shared by CPA senior manager of tax policy Elina Kasapidis.
Regardless of whether a property buyer is an owner-occupier or a landlord, Ms Kasapidis emphasised the importance of correct record-keeping when it comes to depreciation.
“Landlords may be entitled to claim depreciation for the declining value of assets such as stoves, carpets and hot-water systems,” Ms Kasapidis said
However, for properties acquired from 9 May 2017, landlords can no longer depreciate assets that were in the property at the time of purchase,” she added.
Mr Beer noted that many property investors are tempted to claim improvements as repairs as it allows them to claim the full amount rather than the depreciated value.
“There’s no doubt that an instant claim is more appealing.”
“But it’s against taxation legislation, and such a choice will come under harsh ATO scrutiny,” he warned.
Mr Beer advocated for property investors to adopt a more long-term view.
“Depreciation can be claimed on some assets for up to 40 years. Therefore, the small effort of updating the schedule now pays off throughout the lifetime of the investment,” he said.
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["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(109) "/earn-money/tax-refund/the-tax-trick-that-property-investors-need-to-get-their-renovation-deductions-in-order" ["image"]=> string(52) "images/article-826x550/renovation-floor-tiles-ne.jpg" ["image_alt"]=> string(86) "The tax trick that property investors need to get their renovation deductions in order" } [1]=> object(stdClass)#6563 (56) { ["id"]=> string(5) "17167" ["title"]=> string(22) "What makes a good tax?" ["alias"]=> string(21) "what-makes-a-good-tax" ["introtext"]=> string(329) "With the economy going through an uneven recovery, an industry expert has highlighted the current failures of the tax system and what makes a good tax.
Write comment (1 Comment) " ["fulltext"]=> string(2985) "The Australia Institute said not all taxes are created equal, albeit the money raised through taxation plays an important role in everyone’s lives.
With a system that is in favour of the wealthy, especially following both parties agreeing to stage 3 income tax cuts at the next election, The Australia Institute’s senior economist, Matt Grudnoff, said the country needs to have a debate about the right tax system.
The stage 3 tax cuts will see everyone earning between $45,000 and $200,000 paying 30 per cent in tax from 2024.
The changes scrap the 37 per cent tax bracket for those earning above $120,000, making those earners the biggest winners from the cuts.
With an impending cost to the national budget of around $19 billion a year, the stage 3 tax cuts had previously been described by shadow treasurer Jim Chalmers as the “least affordable, least fair and least likely to be effective because higher-income earners aren’t as likely to spend in the economy as workers of more modest means”.
The Australia Institute’s Mr Grudnoff highlighted the growing divide between the ‘haves’ and the ‘have nots’ in this country, with a tax system helping those at the top.
“Australia taxes wealth lightly compared to other OECD nations. With inequality in Australia only getting worse, we need a debate and better policies about taxing wealth properly and reducing inequality rather than exacerbating it,” the economist continued.
However, with both parties going to the election on not changing a “tax cut for the rich”, Mr Grudnoff argued that Australia needs to look at its tax mix.
“While many are concerned about the size of our taxes, consideration must also be given to the shape of our taxes because as this research shows, not all tax measures are created equal,” he said.
The economist highlighted the current tax system is awash with voices of the self-interested instead of what is best nationally.
“What Australian policymakers need are solid tools to evaluate the pros and cons of different taxes, to sort the self-interest and ideology from the genuine constructive policy advice,” he said.
As such, The Australia Institute outlined five key steps that evaluate the strengths and weakness of different taxes:
- Principle 1 – The tax measure should minimise changes in behaviour, unless the behaviour is something that as a society we would like less of (e.g. smoking), in which case it should be effective at changing that behaviour.
- Principle 2 – The tax measure should reduce inequality.
- Principle 3 – The tax measure should be levelled on those who are best able to pay.
- Principle 4 – The tax measure should be simple to comply with, simple to administer and easy to understand.
- Principle 5 – The tax measure should be difficult for those it is levelled on to avoid.
With the economy going through an uneven recovery, an industry expert has highlighted the current failures of the tax system and what makes a good tax.
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Write comment (0 Comments) " ["fulltext"]=> string(3278) "After the economic shifts of the last 12 months, Australians are more likely than ever to spend their 2021 tax refunds on paying off outstanding bills.
According to a survey by accountant firm MYOB, 28 per cent of Australians are planning to use their tax refund to catch up on bills.
By comparison, 23 per cent of Australians surveyed by MYOB said they planned to invest the money. Another 10 per cent said they planned to spend it on a holiday, while just 4 per cent said they’d spend it on ‘something frivolous’.
Earlier this week, the Australian Taxation Office revealed it had received 1.7 million tax refunds and paid out around $1 billion to taxpayer bank accounts.
With an average refund amount of $2,490, the ATO estimated that a total of $5.3 billion has already arrived in the bank accounts of Australian taxpayers.
MYOB’s research also highlighted the prominence of tax-time stress among Australians.
Their research found that 31 per cent of Australians are worried about the responsibilities and rigmarole associated with the end of the financial year.
Making a mistake with your tax return was cited as the most common concern at 41 per cent.
General confusion about the tax return process ranked second at 40 per cent while specific confusion about what can and can’t be claimed came third at 38 per cent.
Jacqueline Lim, MYOB’s tax specialist, predicted that the changes brought about by COVID-19 mean this will be a different tax year for many Australians.
She said that one in five Australians surveyed by MYOB said their income in the 2020-2021 financial year would be lower than usual, with 61 per cent attributing the loss of income to the COVID-19 pandemic.
While the end of the financial year can be “daunting for many”, she noted that only 43 per cent of Australians surveyed by MYOB used an accountant or tax agent to manage their tax obligations.
“A tax agent can assist with the record-keeping requirements and by explaining what expenses can be claimed. Speaking to a specialist could be worthwhile to maximise your return,” she said.
“For individuals lodging their own tax return, it’s important to remember the 31 October deadline, if this is missed, it can lead to financial penalties. Also ensure any tax owed is paid on time to avoid interest charges from the ATO.”
“If you expect a tax refund this year, consider lodging online, as the refund process is faster and money is deposited directly into your bank account,” Ms Lim added.
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the ATO has revealed that over 2 million tax refunds have been processed.
Write comment (0 Comments) " ["fulltext"]=> string(2590) "The Australian Taxation Office (ATO) has been hard at work since the financial year ended last month.
The ATO has announced that it has already processed 2.1 million tax refunds. This looks to be an increase on the number of refunds processed in the first month of the previous financial year.
As of 14 July 2020, the ATO revealed it had received 1.7 million tax refunds and paid out around $1 billion to taxpayer bank accounts. While today’s number covers a longer period of time, the sum total of money changing hands is significantly bigger this time around.
With an average refund amount of $2,490, the ATO estimates that a total of $5.3 billion has already arrived in the bank accounts of Australian taxpayers.
Assistant Treasurer Michael Sukkar said that this injection into the economy “is welcome news during the current COVID-19 pandemic. Australians should be confident in the government’s plan for economic recovery and support for individuals and families across the country”.
Mr Sukkar said that many of these returns include the Morrison government’s low and middle income tax offset.
This measure was introduced in 2019, giving eligible Australians a tax benefit of up to $1,080 when they lodge their returns on time.
For those who have yet to file, the ATO offers a number of free services. For those who earn around $60,000 or less in salary or wages, the Tax Help program can assist you to get your affairs in order.
If you’re not eligible for Tax Help but remain unable to afford professional advice and representation when it comes to your tax affairs, the National Tax Clinic is another option.
“Many people are expecting larger than average tax refunds this year,” Elinor Kasapidis, senior manager tax policy at CPA Australia, told nestegg.
“After nearly 18 months of COVID doom and gloom, it’d be understandable if they felt the urge to splurge. Seeing a financial adviser can help you be more strategic and set yourself up for long-term financial security,” she said.
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["introtext"]=> string(388) "The right GST mix could see Australia pocket an additional $500 million from international travellers when it hosts the Olympics in 2032, new figures show.
Write comment (3 Comments) " ["fulltext"]=> string(2729) "With Brisbane announced as the 2032 Olympic Games host, Australia could be in line for a major boost to the economy.
According to the Tax Institute, in 2000 when Sydney hosted the Olympic games, Australia gained $6 billion to $7 billion in additional GDP that year alone, while creating 100,000 new jobs and boosting tourism by 1.6 million visitors.
Adjusted to today’s dollar value, the added funds work out at approximately $9.75 billion to $11.3 billion.
“Much of the additional revenue generated by hosting the Olympics comes from overseas visitors,” Tax Institute’s director of tax policy and technical, Andrew Mills, said.
“If all of that money included GST and about half was spent by international visitors, then we have raised millions of dollars in extra GST from those tourists.”
With Brisbane set to benefit in a similar capacity to Sydney, Mr Mills believes a more efficient GST system would see Australia’s gain from international spending triple.
“So, if the Brisbane Olympics were held today, we might collect $250 million from international visitors,” Mr Mills explained. Conversely, under a change in GST, that sum would lift to $750 million.
However, there’s a catch.
To capture this upside, Australia would need to rework its tax system.
As it currently stands, Australia’s GST is well below much of the world, with it being at a lower rate as well as it covering a smaller proportion of GDP.
“Only about half of our GDP is currently subject to GST, and our rate of GST is well below the rest of the world. If we increased the GST rate to 15 per cent, like New Zealand, and applied it to all spending, suddenly we could collect around $750 million in potential GST revenue from international visitors,” Mr Mills said.
“That number will increase in the years to 2032,” he added.
As such, Mr Mills argued that in order to maximise the benefits of the Olympic Games, Australia needs to take a holistic approach to tax reform.
“This is one simple example of how the Australian economy, the Australian people, could benefit from tax reform today. The time for tax reform is now so that we can reap the benefits in the future,” he said.
Despite fears that Australians could be slugged with another tax, Mr Mills pointed out that tax reform is not in isolation, meaning lifting the GST would allow for tax breaks in other areas such as income tax.
“So, on the one hand we might increase GST, and on the other, look to compensate those Australians hardest hit with increased social security, tax cuts or other appropriate compensation,” he concluded.
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whether you are eligible for it? Here’s our quick explainer to help you determine if you qualify.
Write comment (0 Comments) " ["fulltext"]=> string(5412) "Tax season is upon us. Are you wondering what the low and middle income tax offset is, and whether you might be eligible for it?
To help you take steps to potentially lower how much tax you have to pay, we’ve created this basic guide to introduce you to the offset and help you determine whether you’re eligible.
What is the low and middle income tax offset (LMITO)?
Before we get started, it’s important to note that while the media labels the LMITO as a tax cut, it is actually an extension of an existing tax offset. A tax offset is a reduction of your tax payable by the offset amount. It can only reduce tax payable to nil, though – any excess offset is not refundable.
As the name indicates, the LMITO or “Lamington” as it’s colloquially referred to, helps low- and middle-income earners to reduce the amount of tax they pay.
The LMITO was originally introduced as a tax offset with the maximum amount of $540 in Stage 1 of the government’s Personal Income Tax Plan.
The Stage 2, which began on 1 July 2020, saw the tax offset maximum amount increased to $1,080. At this stage, the tax bracket for the offset was expanded to include incomes of up to $120,000 from the previous $90,000 threshold.
The LMITO was scheduled to end on 30 June 2021. However, because of the economic downturn caused by the COVID-19 pandemic, the government has decided to extend it.
On 11 May 2021, Treasurer Josh Frydenberg announced the extension of the LMITO for another year as part of the 2021 federal budget.
Who’s eligible for the LMITO?
Your eligibility for LMITO will depend on your annual taxable income. You are qualified to at least a partial offset if your taxable income lands between $37,001 and $126,000.
The low and middle income tax offset amount is between $255 and $1,080. The government estimates that around 4.5 million Aussie taxpayers will be eligible for the LMITO of $1,080 (eligible couples will save up to $2,160). Meanwhile, another 5.6 million will get a partial offset amount.
A few things to remember: the LMITO is not available to reduce tax payable on unearned income of minors (which is taxed at penalty rates), it is non-refundable, and cannot be carried forward or transferred. Moreover, it does not have to be applied before other non-refundable tax offsets.
Lastly, the LMITO is not a tax refund. It means that if you have not paid taxes during the year, you are not entitled to receive it.
How much LMITO can I get this 2021/22 financial year?
At the time of writing, the taxable income thresholds apply to the low and middle income tax offset as follows:
- Taxable income of less than $37,000 per year = $255
- Taxable income of more than $37,000 but less than $48,000 = $255 plus 7.5 per cent of the amount over $37,000
- Taxable income of more than $48,000 but less than $90,000 = full $1,080
- Taxable income of more than $90,000 but less than $126,000 = $1,080 minus 3 per cent of the amount above $90,000
What do I need to do to claim my LMITO?
Thankfully, you are not required to do anything different at tax time to get your LMITO. All you need to do is to lodge your tax return as usual. Then, the Australian Taxation Office (ATO) will work out if you’re eligible for the offset when it evaluates your income tax return and handle the rest.
Can I claim both the low income tax offset (LITO) and the low and middle income tax offset (LMITO)?
From 1 July 2018 to 30 June 2022, Aussie taxpayers may be eligible for both LITO and LMITO. To know if you qualify for LITO, read all about it here.
Tax season doesn’t have to be complicated. To get all the latest information about proper tax planning, explore nestegg’s informative, easy-to-digest stories and features.
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["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)#6949 (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)#6712 (3) { ["data":protected]=> object(stdClass)#6715 (2) { ["filter"]=> string(0) "" ["maxlength"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#6714 (3) { ["data":protected]=> object(stdClass)#6717 (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)#6944 (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)#6716 (3) { ["data":protected]=> object(stdClass)#6722 (1) { ["options"]=> object(stdClass)#6720 (2) { ["options0"]=> object(stdClass)#6719 (2) { ["name"]=> string(8) "Inactive" ["value"]=> string(1) "0" } ["options1"]=> object(stdClass)#6721 (2) { ["name"]=> string(6) "Active" ["value"]=> string(1) "1" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#6718 (3) { ["data":protected]=> object(stdClass)#6724 (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)#6947 (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)#6723 (3) { ["data":protected]=> object(stdClass)#6726 (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)#6725 (3) { ["data":protected]=> object(stdClass)#6728 (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)#6957 (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)#6727 (3) { ["data":protected]=> object(stdClass)#6730 (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)#6729 (3) { ["data":protected]=> object(stdClass)#6732 (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(71) "/earn-money/tax-refund/low-and-middle-income-tax-offset-lmito-explained" ["image"]=> string(52) "images/article-826x550/tax-receipt-calculator-ne.jpg" ["image_alt"]=> string(42) "Low and middle income tax offset explained" } }
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