Companies with an aggregated turnover of less than $5 billion will be able to carry back losses from the 2019-20, 2020-21 and 2021-22 income years to offset previously taxed...

When you sell your property, you will need to determine whether you have made a capital gain or capital loss on the sale. Many people think that there is...

As a business owner have you been wondering where to start in analysing your business during COVID ? This might be a useful start 1. What were your biggest...

Bob decides to rent one room in his main residence to Jane after he moves into the property immediately after purchase. Bob and Jane continue to live in the...

Bob gets a huge shock !!!His bookkeeper who organises superannuation payments for him and his employees paid his employees superannuation late.His accountant picks this up and tells bob he...

4 Key Mistakes First Timers Make in Purchasing Their First Investment Property You might be a first timer. We all were at one stage to be honest. But you...

We discussed whether Bob should hold an investment property in a company or a trust.Trust, trust, trust yells all the accountants.Companies don't get the discount you fool.Agreed. And sometimes...

Ran a modelling scenario for an expat on a property that was their main residence. The results shocked them. "So you are telling me that if I sell the...

Bob has employees who have "workhorse vehicles" It might be prudent for Bob's company to have those employees complete a declaration. Not perfect but a decent risk mitigation strategy....

The Property Tax Council has put forward a proposal to the Government to assist with boosting the property industry following the impacts of COVID-19 on the Australian Economy