Julia's Blog
By Julia Hartman
Download PDF This article is dedicated to the client who sold his rental property just before he retired rather than just after. A very frugal man who does not waste money on tax advice. For the sake of a bit over a year he paid more than $30,000 extra in tax. At times here …
Download PDF This blog has been inspired by the terrible tax outcomes I have seen for people selling a basic rental they purchased as a home and land package or whose home is on 5 acres or more, all the way through to farms. The latest is a vendor who sold his cattle property …
Download PDF Is it really giving unto Ceasar what is Ceasar’s when you pay tax on your earnings to save up and buy an asset, then inflation increases the value of the asset so that if you sell it or gift it you have to pay more tax? It looks to me more like …
Download PDF At least the Reserve Bank has slowed down its rate of increase to only ¼%. Maybe that is a good sign the rate rises will stop soon. These days I am regularly asked whether a client should fix their loan. This is all about which way rates will go over the fixing period. …
(Download PDF) – Updated 05 09 2022 Being in business generally opens up a lot more tax advantages than just being an investor. Though on the downside it is a lot more difficult to negative gear a business unless your turnover is more than $20,000. In this blog we consider the definition of business in …