Julia's Blog
By Julia Hartman
Download PDF This is a common question from investors and even sometimes purchasers of their own home. There is no one size fits all. Considering the cost of changing the ownership it is well worth seeking professional advice before you sign the contract. Just to repeat, before you sign the contract with the real …
Download PDF CGT applying to collectables is a serious problem probably affecting everyone. Consider for a moment you purchased an engagement ring before 19th September, 1985 that cost you $700. As it is a pre CGT asset there is no CGT payable when you transfer it as a gift to your spouse. Assuming …
Download PDF Despite objections from the Tax Agent community, the ATO have introduced new rules to make it damn near impossible and probably uneconomical to claim home office expenses on the cents per hour basis. The first hurdle is you must start a diary now! From 1st March 2023 every hour all year must …
Download PDF This blog has been inspired by the terrible tax outcomes I have seen for people selling a basic rental they purchased as a home and land package or whose home is on 5 acres or more, all the way through to farms. The latest is a vendor who sold his cattle property …
Download PDF Tax Treatment of Electric Vehicles There has been a lot of talk about the FBT concessions associated with electric cars, this blog explains the latest on that from an employee and an employer’s point of view. Let’s start with an area that does not seem to be getting any publicity, deductions for …