Property investors – here’s what the tax man wants you to know

The Australian Taxation Office is aware that residential rental property owners may be concerned about how COVID-19, floods, or bushfires have reduced their income. This may be a result of tenants paying less or entering deferred payments plans, or travel restrictions which have affected demand for short-term rental properties. New legislation also affects the tax […]

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The tax man does not have children

You thought we no longer had death duties but call it something else and we can see that the tax man can get a slice of your superannuation on your death if it goes to certain people. Everyone who has children knows that the Bank of Mum and Dad is an institution that runs 24/7 […]

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Attention Property Investors – The Tax Man is after you!

Will your investment property make you a TARGET for the tax man? Attention property investors: your friends at the Australian Taxation Office might be taking an a much closer look at your tax return than you will be comfortable with this year … Assistant tax commissioner Gavin Siebert said the tax office has made property […]

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