A fine line between property development and “merely realising an asset”
There can often be a fine line between whether a person is carrying on property development activities or is “merely realising an asset”. There can often be a fine line…
News
CGT main residence exemption concessions are very useful
CGT main residence exemption concessions are very useful Probably the most overlooked reason for the housing affordability crisis in Australia at the moment is the capital gains tax (CGT) exemption…
Can I add to my super pension?
Can I add to my Super Pension? A common question that is often asked is whether amounts can be added to a superannuation pension account once it has commenced. The…
On-boarding new employees
On-boarding new employees When hiring new staff, there are certain steps you should follow to cover off on your tax, workplace, and superannuation obligations. Confirm they are legally permitted to…
Making your super last in retirement
Making your super last in retirement Superannuation is often a key source of income when you retire so it’s important to ensure your investment strategy makes your retirement savings last…
The tax treatment of compensation payments can be tricky
The tax treatment of compensation payments can be tricky If you have had a rental or commercial property damaged by recent summer storms (or bushfires or floods) you may have…
Six Super Strategies to consider before 30 June
Six super strategies to consider before 30 June With the end of financial year fast approaching, now is a great time to boost your superannuation savings and potentially save on…
Compensation from your bank or financial institution – is it taxable?
Compensation from your bank or financial institution – is it taxable? Whether you’ve received bad advice or paid for advice you didn’t receive at all, our supervisory and regulatory bodies…
Using super to pay the mortgage
Using super to pay the mortgage Have you reached preservation age and still have a mortgage? If so, you may be able to use your super to deal with your…