Hi guys, I am an Australian citizen and I’m planning on going to Dubai to work for a few years and would be a non resident. I have an investment...
60 cents for each $1 above $35,000 :eek:. I mean you hear stories about 19-20% interest rates around 80s and 90s era. Imagine high cost of...
Got a property in Mount Druitt area. It was trashed by previous tenant. I had to send 31,000 to get everything right include paint , kitchen...
I think it is very unfair Biggest tax for renovators and flippers No CGT discount even if holding for more than 12 months! Property investor...
Hi all. Curious is knowing how the buisness and rent is viewed by the ATO, in terms of our caravan park being comsidered as an active asset? We...
What can/should a trustee, X, do if they are estranged from the other trustees, Y and Z (Z is also a beneficiary), and estranged from beneficiary...
Hey Guys, I recently came under an ATO Audit, for not doing my returns for the past 10 years. The main reason for this was ill health and a...
Purchased an investment property 6 months ago. Older building with some renovations a few years ago. The roof is in good condition but old. To...
Hello guys, I have a question regarding the below scenario from a tax POV: My parents have some equity in their PPOR and is planning to cash out...
Wondering about franking credit balances and retained earnings balances - is there a register of balances / transactions somewhere? does the ATO...
Hi, everyone I am going to get gift for my kids from their grandparents who leaves overseas. My children are Australian citizen under age of 16...
I thought I would talk about our experience so far with the Next 5,000 review program. While not everybody will get a Next 5,000 review the...
These 2 cases are on being in the business of property investing: Allen v Commissioner of Taxation and Allzams Trust v Commissioner of Taxation...
Hello My industry contacts tell me that ATO has requested data from the head offices of various trust accounting programs such as Property Me,...
Interesting article. The Australian Tax Office has announced it will access vehicle purchasing data by state in an effort to potentially catch...
First time posting, the situation is an inherited property that was not PPOR or rented out, used as holiday home by family only. Purchased Dec...
Hi guys, I am sure that this must have been discussed here before. I am wondering what kind of investments types are accepted by the ATO when it...
I have found that I overpaid tax a number of years ago (8), but only recently was able to receive the evidence of the overpayment from my old...
If someone is working as a face to face field interviewer for a market research company where every weekend that company gives you a set suburb to...
The $21 million tax scam that paid big bucks to remote, disadvantaged residents The govt was talking about giving people extra $ this tax time....
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