New Land Tax Surcharge for “Foreign Beneficiaries” and/or “Absentee Persons”: New South Wales and Victoria have introduced new regimes where foreign persons and most trusts will be liable to additional land tax when owning property in those States. For …
ReadWishing you peace, joy, and all the best this wonderful holiday has to offer. May this incredible time of giving and spending time with family bring you joy that lasts throughout the year.” Please Be Advised of …
ReadI will give myself a 50 per cent pass mark for my 2016 predictions. At the end of 2015 I predicted that: Commercial lending would continue to grow – I got this right The Sydney and Melbourne residential …
ReadA Chan & Naylor client was recently subject to Australian Taxation Office, pre-assessment review of work related claims and donations. The client works for a family owned training company. He claimed a large donation and various work related …
ReadAs spring brings warmer weather to our backyards, it is a great time for property investors to think about the outdoor areas of their investment properties. Outdoor areas in investment properties contain a number of structures and assets …
ReadHad a bad day? A bad week? A bad month? Is the stress building and the future looking bleak? Don’t panic. Behavioural science can help. Perhaps like some of you, some days just don’t seem to work out. …
ReadSome sectors of the Australian property market surprised on the upside this year. Particularly the Melbourne and Sydney property markets. But four years of strong capital growth and the prospect of interest rates rising in the future is …
ReadWe all have limited time to contribute and build up our super to fund our retirement at concessional tax rates. From 1 July 2017 a raft of changes will come into effect to limit how much we …
ReadLand Tax – and getting Land Tax Advice – is often forgotten or overlooked by far too many property investors. Investors tend to focus on protecting their assets, minimising taxable income through claiming various tax deductions, improving cash flow through …
Read“In lieu of the Anniversary of South Africa’s Great Leader Nelson Mandela’s Passing” -a tribute by Ed Chan The human race produces such extremes in the spectrum between good and evil. From the extreme evils of people such …
ReadWe regularly Poll our clients and subscribers on various issues facing property issues, including the Australian economy, finance / lending concerns, property market conditions etc. – we’re interested to knowing what you think and feel about what’s going on …
ReadFor most of us, our home is normally the first property we buy. Some are happy with one property while others decide that they want to own investment properties too. For others though, the family home can be …
ReadAccording to a new study, when it comes to shopping around to save money, it appears we are a nation of misguided misers. And that we are missing out on $7.4bn in savings. Heritage Bank recently commissioned the …
ReadI am really not a Trump-man. Apart from his vulgarity, when it comes to the nation’s economy, I dislike showmen. I felt the same about Blair and Rudd. But months before taking office, Donald Trump is already having …
ReadWe regularly Poll our clients and subscribers to our monthly newsletter on various issues facing property investors, including the Australian economy, finance / lending concerns, property market conditions etc. – we’re interested to knowing what they think and feel about …
ReadTreasurer Scott Morrison recently came out in the press all guns blazing regarding Home Ownership Affordability – and he made a valid point. Recent statistics show that only 8% of new mortgages relate to first home buyers which …
ReadAre you a home owner? Then you may be familiar with or heard about the main residence exemption rule. Main residence exemption is a concessional capital gains tax (CGT) treatment for the sale of a home. You should be …
ReadYour investment property should work for you and not the other way around. So it’s important that you are not burdened with hours of paperwork that discourages you from buying your second or third properties. Here are a …
ReadProperty Investors are targeted each year by the ATO so it’s important that you know what you can and cannot claim as a tax deduction. Basically you can claim anything that is incurred on the investment property, however …
ReadDepreciation Deductions: Owners of income producing properties are eligible to claim tax deductions for a number of expenses involved in holding a property. Most investors are aware of some of the depreciation deductions they are entitled to; for …
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