by admin | Apr 14, 2025 | Uncategorized
When you sell a rental property in Australia, you may be liable for Capital Gains Tax (CGT) if the property has increased in value. Here’s a breakdown of how CGT works for rental properties, from understanding gain and loss calculations to applying potential...
by admin | Apr 7, 2025 | Uncategorized
Natural disasters can cause significant damage to rental properties and business premises, leading to costly repairs and financial uncertainty. If you own a rental property or business premises that has been impacted, it’s important to understand what expenses you can...
by admin | Mar 24, 2025 | Uncategorized
The Federal Budget was handed down on 25 March 2025, and has outlined a number of changes that impact businesses, tax & individuals. New Personal Income Tax Cuts From 1 July 2026 The Government will introduce further tax cuts for all Australian taxpayers, building...
by admin | Mar 17, 2025 | Uncategorized
Superannuation is one of the best ways to save for retirement, but it’s not without its risks—especially if you’re between 40 and 60 and starting to think about winding down your working life. From market volatility to outliving your savings, there are potential...
by admin | Mar 10, 2025 | Uncategorized
Division 293 tax is an additional tax on concessional superannuation contributions for high-income earners in Australia. It is applied at a rate of 15% on certain super contributions when an individual’s combined income and concessional contributions exceed $250,000...
by admin | Mar 3, 2025 | Uncategorized
As 31 March approaches, businesses need to prepare for their Fringe Benefits Tax (FBT) obligations to ensure compliance with the Australian Taxation Office (ATO). The FBT year runs from 1 April to 31 March, and preparing ahead of time can help businesses avoid costly...