New rules for short term rental accommodation in WA. Western Australia is introducing new rules for short-term rental accommodation to ensure consistency and clarity across the sector. These changes will streamline the registration process and make it easier for...
Asset protection for growing businesses and investments. If you're a business owner, understanding asset protection strategies is important for protecting both your personal and business assets. Managing a growing business can be busy, but it's important to have an...
Unlock the Benefits of a Bucket Company: Maximise Tax Savings and Protect Your Assets. What can you do to maximise profits and minimise tax burden for your trust-operated business? Are you making a lot of profit this year and looking for a proper way to minimise your...
What is a Franked Dividend and How does it work?. Franked vs unfranked dividends — When the company issuing the dividend has paid tax, the investor who holds the shares will receive a franked dividend with a franking credit attached to it. The franking credit is a...
Investment property tax guide for property investors. If you're considering investing in property, it's essential you know about the various taxes involved. In Australia, owning a rental or investment property not only brings potential tax advantages, but also certain...
Understanding Stamp Duty (NSW): A comprehensive guide for property buyers. Stamp duty, or transfer duty, is a tax that most purchasers are obligated to pay when acquiring a residential property or vacant land in Australia, including NSW. The NSW government imposes...
Understanding Capital Gains Tax on Inherited Property in Australia. If you are an individual beneficiary or a Legal Personal Representative (LPR) who has inherited Australian residential property from a deceased estate, you may be eligible for comprehensive or partial...
Maximising your property Investment: Trust vs Company – Which structure is right for you?. What is a trust and how does it work for property investment in Australia? A trust is a legal arrangement in which a trustee holds assets on behalf of beneficiaries. Trusts come...
Rental properties in Australia can be some of the most financially rewarding long-term investments and offer a variety of tax benefits. Maximize the benefits to turn a negative cash flow property into a positive cash flow.
