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ATO issues warning to businesses on overdue TPARs

ATO issues warning to businesses on overdue TPARs

by Camden Professionals | Feb 29, 2024 | ATO, Smalll Business, Tax & Accounting

The Tax Office will begin applying penalties from the middle of next month where businesses have failed to lodge a Taxable Payments Annual Report (TPAR) from 2023. The ATO has warned businesses that pay contractors to provide certain services to lodge their taxable...
What is a Depreciation Schedule: A Beginner’s Guide

What is a Depreciation Schedule: A Beginner’s Guide

by Camden Professionals | Feb 22, 2024 | Depreciation, How To, Property Investment, Property Investment Tips

Did you know that 70% of investors in Australia don’t buy a tax depreciation schedule for their investment properties? Depreciation schedules are one of the most effective but underused tools available to a property investor to maximise their returns.  When you think...
Reduce tax – Maximizing Unused Super Contribution Caps in 2024

Reduce tax – Maximizing Unused Super Contribution Caps in 2024

by Camden Professionals | Feb 22, 2024 | Income Tax Returns, Retirement, Superannuation, Tax & Accounting

As the second half of financial year unfolds, taxpayers may be exploring ways to reduce their tax liabilities before June 2024. One often overlooked avenue for tax savings lies within the superannuation system, specifically through the strategic utilisation of unused...
What you need to know before buying a house and land package

What you need to know before buying a house and land package

by Camden Professionals | Feb 22, 2024 | How To, Property Investment, Property Investment Tips

Acquiring a house and land package presents a convenient and potentially more economical path towards realising the dream of constructing your own home. However, unforeseen challenges such as delays and unexpected expenses can disrupt this process. To mitigate such...
How to buy your first investment property in 7 Steps

How to buy your first investment property in 7 Steps

by Camden Professionals | Feb 20, 2024 | How To, Property Investment, Property Investment Tips

How Property Investing Works Investing in property is often perceived as a secure and relatively low-risk option compared to volatile alternatives like the stock market. This stability contributes to its popularity among investors. While real estate values in...
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