Category «Property Investments»

If Your Home or Investment Property Has Been Damaged in the Fires – Updated 3rd May 2025

Regrowth after the 2020 Australian fires and the taxman

Download PDF – Updated 3rd May 2025 If your Home or Investment Property Was Damaged in the Fires or the Floods, The taxman is lurking behind those new green shoots of regrowth and what a bonanza to be had. The ATO can easily administer through already established data matching with land titles offices and insurance …

Death Tax!

Download PDF      Technically we do not have a death tax but there are lots of ways that death can be a windfall for the ATO.  This blog looks at some of those traps and what you can do to avoid them.   These traps can catch average Mum and Dad taxpayers who are not in …

Short 2025 Budget Update

Download PDF      An overview from the budget papers for the issues that we think would most interest our clients. Income Tax Cuts –  There will be a very modest adjustment to the lowest tax bracket currently 16%.  This applies to income in the range of $18,200 to $45,000.  From the first of July 2026 …

Clearance Certificates Now Apply to All Properties

Download PDF       A clearance certificate is now required to sell any real estate in Australia.  If you do not provide one, 15% of the sale price will be withheld at settlement and sent to the ATO.  You can make the application yourself on the ATO web site here https://www.ato.gov.au/single-page-applications/frwt-certificate#applicationtype    Be careful to use this …