Rebecca Fletcher Archive
PropertyTax
Discover the tax complexities of redrawing investment loans. This article sheds light on ATO's scrutiny and the need for correct reporting.
PropertyTax
Short stay, big tax: What Airbnb hosts need to know. Property investors using Airbnb-style rentals are about to face a new tax in Victoria, Australia. Learn how this tax will affect your short-term rental income and what similar measures might be on the horizon.
Property
You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out; the tax implications.
Small Business
Starting July 1, electronic platforms like Stayz, Airbnb, Uber, and Didi must collect and report seller transactions to the ATO under the Sharing Economy Reporting Regime (SERR).
PropertySmall Business
A friend’s accountant suggested that they could reduce interest on non-deductible debt by using company cash to offset their personal mortgage, then transferring the cash back by 30 June. Is this an acceptable strategy?
Small Business
Your focus may be on your guests, but don't forget to book in regular time for your business obligations. It's important to keep your super guarantee (SG) obligations in check.
Property
The ATO is more than a little concerned that people with holiday homes are claiming more deductions than they should and have published the starting questions they will be asking to scrutinise claims.
Property
Downsizer contributions are an excellent way to get money into superannuation quickly. And now that the age limit has reduced to 55 from 60, more people have an opportunity to use this strategy if it suits their needs.
Small BusinessTax
The Government temporarily halved the excise and excise equivalent customs duty rates for petrol, diesel and all other petroleum-based products (except aviation fuels) for 6 months from 30 March 2022 until 28 September 2022.
Property
Property is a solid investment opportunity for those looking to increase their financial security. If you are a landlord, you may be looking for ways to reduce your tax liability this year. This may assist you in turning your property’s cash flow from a negative into a positive.
Property
Are you looking at buying an investment property? There's no one-size-fits-all method to property investing, it requires an individualistic approach. You need to recognise and focus on your own specific goals, needs and situations to succeed.
Uncategorized
The rules for the Pandemic Leave Disaster Payment, the payment accessible to those who have lost work because they have had to self-isolate with COVID-19, or are caring for someone who contracted it, changed on 18 January 2022.