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First of all, your firends really should seek advice through the super fund, then i guess the cost paid for the financial advice can be deducted within his super
secondly, basic theory for claiming exp, you should have a relevant income to claim againsted, or you intend to earn taxable income in the near future, the fact he pay for financial advice for his super which been managed by super fund make that he cannt claim this exp within his personal tax return. futhermore, when you claim a big exp and have no relevant income, the tax office will raise question.
above is only my view. |
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