The ATO audit hotspots for individuals are cryptocurrency, rental property expenses and work-related expenses. Avoid common tax return mistakes doctors make in their tax returns.
As the major tax deadline is approaching, there are a few important things that some taxpayers need to do before their tax return is due.
If you are buying an investment property, should you have it in your own name or in a family trust? Each of these ownership structure…
The Main Residence Exemption is a CGT concession allowing owner-occupiers to disregard capital gain on disposal of their home. However, homeowners often don’t realise that…
Taxpayers who are foreign residents at the time of sale of main residence can no longer disregard capital gain, unless certain exceptions apply.
Negative gearing is an attractive tax strategy but are you getting all tax benefits from your rental property? We share some simple tax minimisation tips.
On 15 October 2018, the Federal Government released proposed legislation to deny deductions in relation to holding vacant land as part of the integrity measures…
From 1 July 2017, residential rental property investors can no longer claim deductions for travel expenses and depreciation on certain previously used assets against residential…
If you are doing your own Tax Return, your lodgment deadline is 31 October. If you are using a Registered Tax Agent, you may be…