Non-Resident With a Home Here? Quick Sell It!

Non-Resident With a Home Here? Quick Sell It!

Mar 19, 2020 | Property Market, Tax Tips

As proposed in the 2017 budget, the removal of the main residence CGT exemption for tax non-residents was legislated in Dec 2019. A rather draconian rule, the effect is that if you are tax non-resident on the date you sign the sales contract on your Australian...
First Home Buyer Numbers Spike to 10 Year High

First Home Buyer Numbers Spike to 10 Year High

Mar 15, 2020 | Finance

Small businesses in dispute with the ATO over their tax debt will get “a fairer go” under new rules proposed in the federal budget. Meanwhile, one-year extensions have been granted for the full asset write-off and loss carry-back schemes. Let’s break it all down....
SME Owners Impacted by Coronavirus Urged to Contact Creditors

SME Owners Impacted by Coronavirus Urged to Contact Creditors

Mar 5, 2020 | Finance

SME owners concerned about the coronavirus outbreak impacting their cash flow are being urged to talk to their creditors as soon as possible. Earlier this month the RBA cut the official cash rate by 25 basis points to a new record low of 0.50% due to the impact of the...