by Asha Hudson | Oct 10, 2018 | Client Access, Newsletter
January 2017 Tax – Personal Income Is the dwelling your main residence The profit or loss on sale of a main residence is exempt from capital gains tax (CGT)… Read More >>> Are you? – A property owner? At a glance: – The profit or loss...
by Asha Hudson | Oct 10, 2018 | Client Access, Newsletter
February 2017 Tax – Personal Income Tax implication of claiming insurance premiums You may claim cost of premiums you pay for insurance against the loss of your income and pay tax on the benefits you receive… Read More >>> Are you? – Paying...
by Asha Hudson | Oct 10, 2018 | Client Access, Newsletter
March 2017 Tax – Personal Income Private health insurance rebate eligibility Taxpayers may be eligible for the private health insurance (PHI) rebate if certain conditions are met… Read More >>> Are you? – A member of a private health...
by Asha Hudson | Oct 9, 2018 | Client Access, Newsletter
April 2017 Tax – Personal Income Timing of a real estate CGT event When taxpayers sell or dispose of real property the transaction can take several months. The Tax Office has issued a guide detailing when the taxable Capital Gains Tax (CGT) event should be...
by Asha Hudson | Oct 9, 2018 | Client Access, Newsletter
May 2017 Tax – Business Income Online sales – a hobby or a business? With more people selling products or services online, it is important to understand whether the activity is part of a hobby or carrying on a business… Read More >>> Are...
by Asha Hudson | Oct 9, 2018 | Client Access, Newsletter
June 2017 Tax – Personal Income Selling vacant land The tax treatment of land and the proceeds from selling it can either have capital gains tax (CGT) or goods or services tax (GST) implications… Read More >>> Are you? – A taxpayer selling...
