Turbocharged instant asset write-off scheme unveiled

Turbocharged instant asset write-off scheme unveiled

There was one big-ticket initiative in the federal budget that really caught our eye, and that was the turbocharged version of the instant asset write-off scheme. Today we’ll look at how it could improve your business’s cash flow moving forward. Did you catch the...

Non-resident with a home here? Quick Sell it!

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

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

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...

NSW land tax crackdown

Property developers, foreign owners, farmers and trusts could be among those hardest hit by a NSW government crackdown on taxpayers who have incorrectly avoided paying land tax. The crackdown, announced earlier this month by Revenue NSW, expects to recoup $100 million...