Author: Rebecca Fletcher
Preventing a tsunami of insolvencies
Temporary insolvency and bankruptcy protections are in place until 31 December 2020 to enable businesses to trade through the pandemic.
PAYG Income Tax Withholding Variation
Many people like to get a big tax refund at year end, but why wait for your refund? Why not get it now? The ATO allows you to do just that.
HomeBuilder Grant supports new house builds and renovations
The HomeBuilder scheme is a time-limited, tax free cash grant intended to support the residential construction industry during the COVID-19 pandemic, but it does come with an extensive eligibility criteria.
Warning: ATO Text Scam
Ever since the invention of the Internet, there has always been a wide variety of scams floating around. A popular type of scam that we see frequently is people trying to pose as the tax office and claim non-existent debts from members of the public. Remember the iTunes gift card ATO scam? Recently, we have […]
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.