by Val Tse | Aug 4, 2026 | Uncategorised
One of the many areas where the big changes to negative gearing and Capital Gains Tax may have an effect is where you use the “absence concession” to allow you to “continue to treat” your home as your CGT-free main residence during an extended absence from the home...
by Val Tse | Jul 14, 2026 | Uncategorised
The first is the announcement in the Budget that trust income will now be taxed to the trust at a minimum rate of 30% regardless of how it is ultimately distributed to beneficiaries. Click here to read
by Val Tse | Jul 14, 2026 | Uncategorised
Well, the first thing to note is that the negative gearing changes are “grandfathered” ie. they do not apply to properties that are already owned at the time of the Budget (12 May 2026) – and such properties can be continued to be negatively geared as long as you own...
by Val Tse | Jun 15, 2026 | Business, Uncategorised
As the end of the financial year approaches, now is the time to get your business ready for 30 June 2026 deadlines and prepare for changes effective 1 July 2026. Preparing early can save time, ensure you meet your obligations, reduce risk and help your business stay...
by Val Tse | Jun 5, 2026 | Uncategorised
On 12 May 2026, the Federal Government delivered its fifth Budget. It was one of the most dramatic and significant budgets in decades. Among other things, it announced that negative gearing would be abolished for property purchased after 1 July 2027. Click here to...
by Val Tse | May 6, 2026 | Uncategorised
Even before the current war in the Middle East, the budget has clearly been under some pressure. Recent comments from various government sources suggest that changes to the tax rules around investment properties could be under serious consideration. So, what sort of...
