Absentee Owner Land Tax Deadlines
An absentee owner surcharge of 2% applies to Victorian land owned by an absentee owner. If you are an absentee owner at 31 December, the surcharge applies in the following land tax year.
Why it’s worth investing in quality business tax advice
We saved a new client over $100,000 in tax their first year with us, all because we looked at their business tax position holistically.
Warning for those redrawing investment loans
A big part of the problem is how taxpayers are claiming interest on their investment property loans and whether they're redrawing from them.
Self-education: What can you claim?
The Australian Taxation Office (ATO) have released a new draft ruling on self-education expenses and we revisit the deductibility of them.
The ‘Airbnb’ tax
Property investors that choose to utilise their property for short-term stays (or leave it vacant) are firmly in the sights of the regulators.
$20k Small Business Energy Incentive
There is a new, limited incentive to nudge small business towards energy efficiency. Here is how how to maximise the deduction!
The Billion Dollar TikTok Scandal
$1.7 billion paid out in fraudulent refunds, and $2.7bn in fraudulent claims stopped. How did the TikTok scandal get out of control?
Is a second job worth it?
Imagine an Australian trying to pay for their second mortgage. The only way they can hold onto the property is to earn additional income
The tax implications and pitfalls of subdividing
You’ve got a block of land that’s perfect for subdividing. The details have all been worked out. But, what about the tax implications?
Backing a winner: Digital games tax
The digital games sector is the largest creative sector in the world and one of the fastest growing industries worldwide.