Is your family home really tax free?
The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it. But, like…
The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it. But, like…
The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst. The average price…
A recent case before the Administrative Appeals Tribunal (AAT) highlights the importance of ensuring that the evidence supports the tax…
Australians love property and the lure of a 15% preferential tax rate on income during the accumulation phase, and potentially…
A decision by the Administrative Appeals Tribunal has the tax world in a flurry after the Tribunal found in favour…
The ATO estimates that incorrect reporting of rental property income and expenses is costing around $1 billion each year in…