SELLING YOUR HOME? BEWARE OF PARTIAL CGT LIABILITY
With the rising house prices in Australia, many homeowners are tempted to cash in on their properties. However, it is essential to consider the potential
With the rising house prices in Australia, many homeowners are tempted to cash in on their properties. However, it is essential to consider the potential
The 2024-25 Federal Budget was handed down by Treasurer the Hon. Dr Jim Chalmers MP on 14 May 2024. The budget surplus is estimated to be $9.3
The New South Wales (NSW) state government has introduced measures to address the housing affordability crisis by allowing for denser development in areas surrounding train
Many individuals are faced with the dilemma of deciding where to allocate their extra savings. Should they direct the funds towards their mortgage or contribute
Owning a family company comes with its own set of responsibilities, especially when it comes to receiving payments from the company. It is crucial to
When it comes to compensation payments, understanding the tax implications is crucial. Whether you’ve received an insurance payout for property damage caused by natural disasters
With the end of the financial year fast approaching, now is a great time to review and optimise your superannuation savings. Implementing effective strategies before
In the world of taxation, the Capital Gains Tax (CGT) exemption for a person’s main residence is a valuable benefit. It allows individuals to exclude
Essential strategies for maximising benefits and EOFY As the end of the financial year (EOFY) approaches, it’s crucial to start thinking about tax planning strategies
Understanding the new reporting requirement for 30 June 2024 As the financial landscape continues to evolve, public companies are facing a significant change in their reporting obligations.
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