Julia's Blog
By Julia Hartman
Download PDF Well a lot of this has to do with whether your dominant purpose is a tax benefit. Yep Part IVA, the ATO’s secret weapon that defeated capitalised interest arrangements. Debt recycling, suggesting that you can change non tax deductible debt into deductible debt by buying whatever the promotor is selling. Very …
Download PDF Reserve Bank Governor Phil Lowe has told struggling homeowners to rent out a room in their home so they can afford the increased interest rates. Nice to see someone with a take home pay of over $10,000 per week can empathise with the common people, but what about the tax consequences? …
Download PDF If your home is on more than 2 hectares (5 acres) you need to keep capital gains tax (CGT) records right from day one. This could even include lawn mowing fuel. Not hard just takes discipline and the right advice. Here is a link to spreadsheets and instructions that will help you …
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. …