If Your Home or Investment Property Has Been Damaged in the Fires – Updated 3rd May 2025

Regrowth after the 2020 Australian fires and the taxman

Download PDF – Updated 3rd May 2025 If your Home or Investment Property Was Damaged in the Fires or the Floods, The taxman is lurking behind those new green shoots of regrowth and what a bonanza to be had. The ATO can easily administer through already established data matching with land titles offices and insurance …

A Win For Employee Truck Driver

Download PDF How would you interpret this piece of legislation? 900-50(1)     You can deduct a *travel allowance expense for travel within Australia without getting written evidence or keeping travel records if the Commissioner considers reasonable the total of the losses or outgoings you claim for travel covered by the allowance.      Each year the ATO …

Victorian Land Tax Grab – Far Reaching Ramification of Reducing the Threshold to just $50,000

Download PDF       Victoria appears to be looking to solve its state debt with land tax.  Last year saw the vacancy tax extended to most of the state, except for Alpine resorts https://www.bantacs.com.au/Jblog/victorias-latest-vacancy-tax/#more-1701       There was also the dropping of the land tax threshold from $300,000 for the 2023 year to $50,000 for 2024 and …

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