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...

Tax Time Tip’s

We look at some of the key taxation issues that investors may wish to address over the next few weeks. Prepay interest on investment loans Some lenders allow borrowers to prepay interest on investment loans. Where this is the case, the prepayment of interest may...