Are you claiming the correct private health insurance rebate?

Claiming the private health insurance rebate In order to encourage Australians to take out private health insurance, most people receive a rebate on their premiums from the government. This increases the affordability of private health insurance…

Depreciation Benefits available for New Houses

Building more value, depreciation and new houses Choosing to build a brand new home rather than buy an existing property provides a number of benefits for potential investors. Generally these types of properties will be built in a developing…

Will a house or a unit provide optimal depreciation deductions?

Houses versus units ATO ruling makes common area claims less complex One question we’re often asked by investors is ‘will a house or a unit provide better depreciation deductions?’ This is a frequent question asked during the pre-purchase…

How to add value and increase deductions when renovating

Don’t be strapped for cash, scrap for cash Add value and increase deductions when renovating Australians have always had a passion for renovating property and recent predictions on renovation spending for 2016 suggest this trend will continue. Data…

Raj's Tax Tips & Federal budget 2017- Updates

What attracts the ATO’s attention?   Tax or business performance which is not similar to businesses in your industry Low transparency in tax affairs Large one off transactions or wealth shifting A history…

New depreciation rules proposed for Australian residential property investors

2017 Budget, Under the new rules which are yet to be legislated by Parliament, investors will be able to depreciate new plant and equipment assets within a new property and items they add to their property; however subsequent owners who acquire a property after 9th of May 2017 will not be able to claim depreciation on existing plant and equipment assets.

Sanjay' s Share Markets & Interest Rate Insights

Share Markets   After a somewhat turbulent quarter, global and domestic share markets performed superbly over the last quarter. Positive numbers in the US Asia and Europe both in GDP and employment had positive impacts on markets…

Super reforms seminar hosted by NAB

"Super changes coming into effect from 01 July, We like to invite our Clients to a Super reforms seminar hosted by NAB." The Seminar will address ​what the super changes could mean for you and the exciting opportunities that we can assist…

Add value and increase deductions with an alfresco area

Claim depreciation on outdoor structures and save Australia is made for outdoor living, so it is little wonder that alfresco areas have become sought after additions in any property. Owners see great value in adding permanent weatherproof…

Top 10 tax tips for the sharing economy

The ATO has signalled a compliance focus on tax affairs of those who work in the sharing economy. With thousands of Australians now working through UBER AirBnb and others it is important to understand the tax laws and how they apply to the…