Hearing all this chatter about negative gearing in Australia and want to know what the fuss is all about? Or perhaps you’re considering purchasing a property and trying to decide as to whether negative or positive gearing is suitable for you? This guide will...
Small business depreciation calculations have gotten a whole lot more simple thanks to the ATO’s simplified depreciation rules that took effect in May 2015. In this guide, we’ll explain to you exactly how you can take advantage of the new simplified...
Each year, there are possible FBT exemptions for business owners who make the decision to spend money on corporate gifts or organise a work Christmas party for their employees or clients (or accountants!). In addition, there are also implications on GST and tax...
Are you looking to buy or sell a business and not sure where to start? In this article, I’ll go through some of the fundamental concepts you should know about buying or selling a business so that it can get you off in the right direction. Introduction...
If you own property and use it as your main residence then generally you are eligible for the main residence CGT exemption when you sell the property. What is CGT? CGT is an acronym for Capital Gains Tax which refers to a form of tax that is applied at the time an...
What types of investment property tax apply? There are two types of investment property tax that apply to investment properties that owners should be aware of. These two include capital gains tax (CGT) and income tax concerning your rental property. In this article,...
