ATO to Acquire Residential Investment Property Loan Data for Compliance and Analytical Purposes Scope, Utilisation, and Implications of the ATO’s Data-Matching Initiative for the 2021/22-2025/26 Financial Years The ATO has Read More…
ATO warns property investors about common tax traps In 2019/20, over 1.8 million Australians owned rental properties and claimed $38 billion in deductions, so the ATO is reminding property investors Read More…
Rent or lease payment COVID-19 changes The ATO has provided updates regarding the tax implications when a landlord gives, or a tenant receives, rent concessions (such as waivers or deferrals Read More…
The margin scheme may allow a property owner to pay less GST when they sell the property Rather than paying 1/11th of the total sale price, sellers may be able Read More…
Economic Response to the Coronavirus HomeBuilder provides eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home. HomeBuilder Read More…