Selling a property with mixed rental and residential use
Selling a property with mixed rental and residential use Selling a property that may have been used for mixed rental and residence purposes has a lot of capital gain tax…
News
What is the right business structure?
What is the right business structure? If you carry on a business – small or large – the question of which business structure to use always arises – and not…
Making contributions later in life
Making contributions later in life Superannuation laws have been simplified over recent years to allow older Australians more flexibility to top up their superannuation. Below is a summary of what…
Who is a spouse under the tax laws, and why does it matter?
Who is a spouse under the tax laws, and why does it matter? While Australia doesn’t have a joint filing option for married couples, there are some aspects of your…
Take care if you sell your home after leaving Australia!
Take care if you sell your home after leaving Australia! If you have lived in Australia for many years and bought yourself a home here but decide to leave and…
Setting up an SMSF, Who can join the fund?
Setting up an SMSF, Who can join the fund? The rules The answer is practically anyone can set up a SMSF together. You can have up to six people in…
Small business energy incentive
Small business energy incentive A little known tax incentive that is aimed at encouraging businesses to improve energy efficiency is the small business energy incentive (SBEI).You will have to jump…
Selling a small business operated through a company: Sell the shares or sell the assets?
Selling a small business operated through a company: Sell the shares or sell the assets? If you run a small business through a company and you decide to sell it,…
The importance of “Tax Residency”
The importance of "Tax Residency" Whether you are a resident of Australia or non-resident of Australia for tax purposes has significant consequences for you.Primarily, if you are a resident of…