Tax Tip Tuesday

Government Stimulus

Government Stimulus

17th March 2020

The government has released a $17.6 billion investment package to support the Australian economy to help it respond to the effects of the coronavirus. This…

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Inheriting Real Estate from a Deceased Estate

Inheriting Real Estate from a Deceased Estate

3rd March 2020

Quite often we are asked to give advice on the tax implications of inheriting a property or other assets from a deceased estate. Recipients or…

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Superannuation Amnesty – Legislation Passed

Superannuation Amnesty – Legislation Passed

25th February 2020

The proposed Superannuation Guarantee amnesty has passed the Senate and is waiting for royal assent.  We wrote about it last December. How does it work?…

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Business Owners – Know your numbers

Business Owners – Know your numbers

18th February 2020

If you are in business, you would certainly operate an electronic accounting system and this would likely be either MYOB or Xero. You may have…

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Changes to Capital Gains Tax for Non-residents

Changes to Capital Gains Tax for Non-residents

11th February 2020

In the 2017-18 budget the government proposed removing access to the Capital Gains Tax ‘CGT’ main residence exemption for non-residents disposing of Australian property. This…

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Record Keeping for Real Estate

Record Keeping for Real Estate

4th February 2020

Generally, real estate which has been used as a main residence is exempt from Capital Gains Tax (CGT).  Where it is used to generate income,…

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