Nov 5, 2021 | News and Updates, Property Investing, Property Market, Tax Tips
The COVID-19 pandemic has led to an economic crisis. In Australia, the government faces the need for policies that will counter the negative economic effects. To do this, it requires a reliable COVID-19 emergency response plan and finance policies that will set the...Mar 19, 2020 | Property Market, Tax Tips
As proposed in the 2017 budget, the removal of the main residence CGT exemption for tax non-residents was legislated in Dec 2019 A rather draconian rule, the effect is that if you are tax non-resident on the date you sign the sales contract on your Australian... Mar 19, 2020 | Property Market, Tax Tips
As proposed in the 2017 budget, the removal of the main residence CGT exemption for tax non-residents was legislated in Dec 2019. A rather draconian rule, the effect is that if you are tax non-resident on the date you sign the sales contract on your Australian...Oct 27, 2019 | News and Updates, Property Investing, Tax Tips
Property developers, foreign owners, farmers and trusts could be among those hardest hit by a NSW government crackdown on taxpayers who have incorrectly avoided paying land tax. The crackdown, announced earlier this month by Revenue NSW, expects to recoup $100 million...Feb 2, 2019 | Property Investing, Tax Tips
Sharing is caring, right? However, when it comes to the sharing economy, the ATO is feeling neglected and wants its fair share. Here’s what you need to know if you rent out your property on Airbnb. If you need any more convincing that the Australian Tax Office...Oct 10, 2014 | Property Investing, Tax Tips
It’s a common question among new property investors: “What’s the difference between repairs, maintenance and improvements?” This is important stuff to know if you’re going to invest in property because it affects your tax deductibility and hence your cash flow. Many...