by Camden Professionals | Apr 29, 2024 | Property Investment, Property Investment Tips, Rentvesting
Rentvesting, a strategy in property ownership, involves renters purchasing property in areas with high rental yields and leasing it while residing elsewhere. It’s increasingly recognized as a tax-efficient solution to counter FOMO (fear of missing out) in the...
by Camden Professionals | Apr 18, 2024 | Property Investment, Property Investment Tips, Property Tax
When you own property in WA, you also often have to pay taxes, duties or levies. Transfer Duty Transfer duty is also known as stamp duty and is levied by the state government on property purchases. In WA, it is often the biggest tax most property owners need to pay....
by Camden Professionals | Apr 18, 2024 | Capital Gains Tax (CGT), Property Investment, Property Tax
Investment property can be a lucrative way to set your family up for a future nest egg. However, if you’re looking to maximise the value of your property investments, you need to be aware of the costs that come along with it. The biggest cost you’re likely to face...
by Camden Professionals | Apr 18, 2024 | Capital Gains Tax (CGT), Small Business Tax Deductions, Smalll Business, Succession Planning
Small business capital gains tax concessions provide an opportunity for small business owners to reduce the amount of tax they owe on the sale of business assets. One of the key CGT concessions is the CGT exemption, which can be a significant tax-saving opportunity...
by Camden Professionals | Apr 18, 2024 | ATO, Income Tax Returns, Tax & Accounting
A late tax return penalty can be substantial, but they are entirely avoidable. That is why it is important to know your tax deadlines and any penalties that may apply for failing to lodge on time. In this article we will cover what an overdue tax return is, what the...
Recent Comments