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Tax, property and financial changes coming in 2024

Tax, property and financial changes coming in 2024

by Camden Professionals | Jan 17, 2024 | Cashflow, Economy, How To, Small Business

The start of the new year brings a myriad of changes, influencing various aspects such as the tax rates for many Australians and the amount of superannuation they are entitled to receive. We have put together a list of the major changes that will apply in 2024....
Are you Thinking about Building a new Investment Property?

Are you Thinking about Building a new Investment Property?

by Camden Professionals | Nov 18, 2020 | Economy, Perth, Property Investment, Tax & Accounting

Are you thinking about building a new investment property? With the numbers proving that new properties hold the most depreciation deductions, building new is a popular choice. Understanding construction costs can provide a ballpark figure of what to expect when...
This Renovation Tip can Save you Thousands

This Renovation Tip can Save you Thousands

by Camden Professionals | Nov 18, 2020 | Depreciation, Economy, Perth, Property Investment, Tax & Accounting

This renovation tip can save you thousands Renovating an investment property is different to renovating your own home. Whether the renovation is big or small, you will be taking a head over heart approach and doing what will help you improve your return on investment....
Absentee Owner Surcharges | Duties Act 2000 (Victoria)

Absentee Owner Surcharges | Duties Act 2000 (Victoria)

by Camden Professionals | Nov 13, 2020 | Economy, Land Tax, Perth, Property Investment, Tax & Accounting

Absentee Owner Surcharges | Duties Act 2000 (Victoria) From the 2020 land tax year, an absentee owner surcharge of 2% applies to Victorian land owned by an absentee owner. The surcharge was 1.5% from 1 January 2017 and 0.5% for the 2016 land tax year. The absentee...
Discretionary Trusts (NSW): Foreign Persons – Surcharge land tax & purchaser duty

Discretionary Trusts (NSW): Foreign Persons – Surcharge land tax & purchaser duty

by Camden Professionals | Nov 13, 2020 | Economy, Land Tax, Perth, Property Investment, Tax & Accounting

Discretionary Trusts in NSW: Foreign Persons – Surcharge land tax & purchaser duty Recently enacted changes to purchaser duties and land tax arrangements will expand surcharges for trusts which include foreign persons as beneficiaries. Legislation passed to amend...
Federal Budget 2020 | Business Tax Changes

Federal Budget 2020 | Business Tax Changes

by Camden Professionals | Oct 19, 2020 | Economy, Perth, Tax & Accounting

The Budget has introduced temporary measures intending to stimulate business investment and deliver further cash flow benefits. Key insights To assist eligible businesses impacted by COVID-19, temporary tax loss carry-back measures have been introduced to offset...
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