Guide to Foreign Resident Capital Gains Withholding for property investments
Guide to Foreign Resident Capital Gains Withholding for property investments. When selling Australian property as a foreign owner, you'll need to follow specific tax rules. The Australian Taxation Office (ATO) requires foreign residents to pay Capital Gains Tax (CGT)...
Minimising Capital Gains Tax on investment property guide
Minimising Capital Gains Tax on investment property guide. When selling an investment property, your CGT liability affects your total taxable income for the financial year. The Australian Tax Office calculates this tax based on your net capital gains - the difference...
How high-income earners can boost their super through salary sacrifice
How high-income earners can boost their super through salary sacrifice. Want to lower your taxable income while growing your retirement savings? By making before tax contributions to your super account through salary sacrifice, you can boost your super fund balance...
Using the downsizer super contribution: A guide for homeowners over 55
Using the downsizer super contribution: A guide for homeowners over 55. If you're over 55 and considering downsizing your family home, the downsizer contribution scheme can provide a way to increase your super balance. This scheme allows eligible individuals to make a...
Division 7A compliance: Essential updates for business owners in 2025
Division 7A compliance: Essential updates for business owners in 2025. Division 7A of the Income Tax Assessment Act plays a critical role in regulating loans made by private companies to shareholders or their associates. These loans, including Unpaid Present...
How to save FBT costs with your next Electric Vehicle
How to save FBT costs with your next Electric Vehicle. Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs) help you avoid having to pay Fringe Benefits Tax (FBT) through the current exemption. This tax benefit, which includes both car fringe...
How to apply the CGT discount to reduce your Capital Gains Tax (CGT)
How to apply the CGT discount to reduce your Capital Gains Tax (CGT). The Capital Gains Tax (CGT) discount allows eligible Australian residents to reduce the tax they pay on a capital gain by up to 50%. To qualify, you must have held the asset for at least 12 months...
How high-income earners can benefit from voluntary super contributions
How high-income earners can benefit from voluntary super contributions. Adding voluntary super contributions, including personal contributions, to your retirement strategy can reduce your taxable income while boosting your retirement savings. Options like salary...
How can employers stay compliant with annual leave loading requirements
How can employers stay compliant with annual leave loading requirements?. Managing annual leave loading payments can be a complex task for employers, especially when employees are covered by modern awards or registered agreements. Annual leave loading, also called...