Julia's Blog
By Julia Hartman
Download PDF I wonder if Anthony Albanese has considered how his attack on our CGT legislation is going to affect him? Maybe he will pay more attention to the detail instead of pushing legislation through parliament without professional consultation. If he considers his circumstances, which are not that unique and could in one way …
Download PDF A lovely couple, I hadn’t seen them in a few years, since they retired. Very sad news he has been diagnosed with pancreatic cancer but that wasn’t his major worry. He always felt that his wife would be fine, they own their house so she should be able to get by on …
Download PDF A Death, Divorce and Natural Disasters Tax has been hidden in the budget and it is far further reaching than the widow’s tax on negative gearing that has been getting all the attention. In fact that issue is a non event because the rental property will have to be sold to pay …
Download PDF I am not objecting to the replacement of the 50% discount with indexation. Sometimes indexation will produce a lesser capital gain than the 50% discount as under the discount half of your gain would be taxable no matter how bad inflation had been. With indexation at least you are only taxed on …
Download PDF The most important message is there is nothing in the proposed legislation that suggests you should off load your existing residential rental property. Negative Gearing Residential properties purchased after 12th May, 2026 will not be able to offset their rental losses against other income such as wages after 1st July, 2027, …