A BIG chunk of Australia’s 1.75 million real estate investors could earn themselves thousands of extra dollars each year by taking a closer look at their tax deductions. It is estimated at least half of investors do not claim all possible depreciation-related deductions. For a new, median-priced house, these can
The most important thing to remember about the new carbon tax is that it’s not a direct tax – it doesn’t come out of your pay or appear as an item on your shopping docket. The carbon tax is only levied on the 400 to 500 businesses which emit a
Many small businesses operate from the owner’s home. This could mean the factory is a shed in the backyard and the office a corner of the kitchen or dining room table. For others the business can have a separate section of the home or permanent structure on the property
Amid news that finding a rental property may have temporarily gotten a little easier with asking rents for units dropping 1.1 per cent during the first three months of the year, comes a warning that the easing won’t last. Dr Andrew Wilson, the senior economist at Australian Property Monitors, says
The Australian Government has chosen to simultaneously introduce three significant tax changes that directly affect the Australian Construction Industry. See what those big tax changes are and how they will affect you. According to the Australian Bureau of Statistics the construction industry is the fourth largest contributor to Australia’s GDP
The following is the 3rd article on Equipment Finance in our weekly series Prepayments Continuing from last week’s look at finance structuring is the subject of prepayment of leases or other finance contracts. I’m often asked by clients if they can prepay a finance contract they have, especially when June