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...
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...
Discovering how to avoid capital gains tax when selling your investment property can save you thousands of dollars. Yet so many first-time property investors continue to be overwhelmed at the thought of potentially paying capital gains tax on the hard-earned growth of...
The small business CGT concessions allow you to reduce, disregard or defer some or all capital gain from an active asset used in a small business. The 4 small business CGT concessions include the: small business 15-year exemption small business 50% active asset...
Did you find working from home during COVID-19 lockdown to be a success? Are you considering giving up your leased commercial business premises to instead run your business from home? This choice may result in the Australian Taxation Office taking a slice of the...
Property values, as history demonstrates always increase over time. Indeed, through all financial crises and economic difficulties Australia has faced. The one thing constant that has continued to yield returns is property investment. If you’re not investing in...
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