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Finance professionals reveal FIVE of Australia’s most neglected tax deductions that can earn you thousands of dollars The Director of Tax Communications has revealed an easy way to lower your taxes Little-known deductions include claiming back from professional membership It is also recommended that insurance premiums against loss of income be deductible By Bridie Pearson-jones For Daily Mail Australia Published: 9:31 PM EDT, 14 July 2022 | Updated: 9:31 PM EDT, 14 July 2022 A financial expert has revealed five of Australia’s most neglected tax cuts – including not claiming professional membership and forgoing property rental fees. Mark Chapman, Director of Tax Communications, H&R Block told Yahoo Finance how Australians can claim back thousands of taxes as many prepare to file in the coming weeks. First, he suggests claiming a membership fee for any professional or trade association of which you may be a member.

A savvy financial expert from Sydney has revealed how he has managed to reduce his hotel room costs by 20 per cent while traveling. Queenie Tan, 26, and her fiancé Pablo, 30, have embarked on a global holiday that started in Singapore and is currently in Ibiza. The couple stayed at the Marina Bay Sands hotel in Singapore and saved $158.55 just by booking through the website, ShopBack. Queenie shared a simple hack in an Instagram video and said it never hurts to let hotel staff know if you’re also celebrating a special occasion, as they’ve received a free room upgrade with chocolates since they just got engaged. Scroll down for the video Queenie Tan (pictured) and her fiancé Pablo, 30, have embarked on a global holiday that started in Singapore and is currently in Ibiza The couple stayed at the Marina Bay Sands hotel in Singapore and saved $158.55 just by booking through the website, ShopBack Queenie shared a simple hack in an Instagram video and said it wouldn’t hurt