Author: Rebecca Mackie
Main Residence Exemption
Late last year, we finally saw some legislation passed that relates to the main residency exemption for people who no longer reside in Australia.
How does CGT work for Airbnb rental properties?
Airbnb rentals are treated uniquely when it comes down to Capital Gains Tax (CGT) and Income Tax.
Purchasing Property In Trusts In Victoria
The SRO have recently announced that any discretionary trust purchasing property in Victoria will need to have an express beneficiary exclusion clause to avoid the additional purchaser duty of up to 8%.
ATO Text Scam
Don’t be fooled. The tax office would never ask for your private details over SMS.
ATO Bushfire Relief & Assistance
It has been a devastating Summer for affected residents in Australia. Thankfully, the tax office is doing their bit to help.
How to save land tax with effective structuring.
Land tax is an absolute killer when it comes to investment properties.
Is negative gearing always the best way to invest?
Understandably, there is a lot of hype around negative gearing. It is a highly beneficial investment strategy, after all.
Capital Gains Tax For Airbnb Rental Properties
CGT can get a touch confusing when considering Airbnb rentals. The implications will depend on how much of your property is being rented on Airbnb.
SMEs Must Speak To Both Their Accountant And Broker Before Purchasing Property
Most importantly, the accountant and broker should have a strong relationship because the two areas are much intertwined.
Can Structuring Help To Save Land Tax?
Land tax is a killer for all property investors… but there could be a way for you to save some of that land tax cash.
Rental Property Expenses – What You Can And Can’t Claim
It’s not uncommon for landlords to be confused about what they can and can’t claim for their rental properties.