Category «CGT»

A Quick Budget Fact Sheet for Residential Property Investors

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, …

Double Death Tax

Download PDF       Delays in administrating an estate can now have huge tax consequences according to the ATO’s latest draft, draft ruling.  This draft, draft isn’t even available to the public or most Accountants yet, but its likely retrospective application means we need to be prepared.  This could tax everything from the family home to …

Death Tax!

Download PDF      Technically we do not have a death tax but there are lots of ways that death can be a windfall for the ATO.  This blog looks at some of those traps and what you can do to avoid them.   These traps can catch average Mum and Dad taxpayers who are not in …