Getting the margin scheme right
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…
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…
Many lenders have recently allowed borrowers with investment property loans to defer repayments for a period of time. While repayments are being deferred, interest (and fees) will usually be added Read More…
COVID-19 and tax depreciation reports Where a physical inspection of premises is not performed, this increases the risk of deductions being missed or errors being made. Property investors and businesses 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…
Vacant land measure limit deductibility A new ‘vacant land’ measure limits the deductibility of costs incurred on or after 1 July 2019 (i.e. from the 2020 income year) that relate Read More…