Categories
Property
GST On Property - Will It Affect You?
There have been some changes to how GST on new properties is accounted for. These changes are now law, coming in as of 1 July 2018. We are now seeing a number of clients asking how this will actually work.
... read moreWhat Do You Need to Know About Airbnb?
So there are extra rooms that you don’t use and it’s just occurred to you that the extra cash that could come in from renting a room or two on Airbnb outweighs the negatives of having a complete stranger in your home... OK, what do you need to be aware of?
... read moreEstate Planning for Rental Property Investors
Good tax planning should involve the inclusion of a testamentary trust as part of the estate plan. There are some little known tax concessions which executors should be aware of when it comes to these trusts and your principle place of residence which I have explained below.
... read moreCGT and the family home
Expats and foreign residents beware! The family home of foreign residents and expats may be taxed if legislation before Parliament is passed by the Senate.
... read moreSubdividing Your Backyard
There are many different strategies with different outcomes, depending on whether you’re planning to sell the part with the house, or the vacant land, or build and move in, build and rent out or build and sell straight away. All these are options to consider and each has its own tax issues!
... read moreProperty Development Tax in a Nutshell
Are you considering a development as your next venture within the world of property? Have you reviewed your potential income tax and GST liabilities?
... read moreHoliday House for Rent
You’ve purchased a holiday house and now you need to decide if you keep it for yourselves, or rent it out to help pay for it. There is a lot to consider…
... read moreAsset Ownership - it pays to get it right!
When we buy property or other assets we generally give little or no thought to the legal ownership of that asset. Often we are swept away “in the moment” and don’t consider the various options or legal implications that may arise in the future. No thinks to ask the question, have I purchased in the correct legal structure? Is there a better way?
... read more