Julia's Blog
By Julia Hartman
Download PDF – Updated 19th May 2023 Year End Check List HECS: This is top of the list because you need to act before 1st June 2023. Each year your HECS debt and other student loans is indexed for inflation on the 1st June. This year the indexing is expected to be around 7%. …
Last Updated: 12th May 2023 Download PDF If you want to make a superannuation contribution and claim it in your 2023 tax return you best get a wriggle on. The contribution has to be safely in the superannuation fund by the 30th June. This post addresses the practicalities of making the contribution and dealing with …
Download PDF This is a common question from investors and even sometimes purchasers of their own home. There is no one size fits all. Considering the cost of changing the ownership it is well worth seeking professional advice before you sign the contract. Just to repeat, before you sign the contract with the real …
Download PDF CGT applying to collectables is a serious problem probably affecting everyone. Consider for a moment you purchased an engagement ring before 19th September, 1985 that cost you $700. As it is a pre CGT asset there is no CGT payable when you transfer it as a gift to your spouse. Assuming …
Download PDF Despite objections from the Tax Agent community, the ATO have introduced new rules to make it damn near impossible and probably uneconomical to claim home office expenses on the cents per hour basis. The first hurdle is you must start a diary now! From 1st March 2023 every hour all year must …