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Tax

Posted Apr 24, 2018 New Laws: GST On New Properties
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The Australian Tax Office (ATO) has taken steps to put the onus on Purchasers to collect the GST on all new residential properties to improve the integrity of collection of GST from developers. On 29 March 2018, amendments to the legislation were passed to come into effect on 1 July 2018. Contracts entered into before […]

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Posted May 04, 2016 Stamp Duty and Land Tax Issues

Land Tax One tax that can be avoided if you structure your property portfolio corre ctly is Land Tax. When you start investing in property land tax is not usually an issue. You can obtain an exemption for your Principle Place of Residence (PPR) and if you add a strata unit or two (2) over […]

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