by wladvisory | Oct 15, 2024 | Property Tax
Introduction Selling a property used for both rental and residential purposes brings several Capital Gain Tax (CGT) issues. You need to decide whether to apply the full CGT exemption to your original home or your new one, especially if you’ve rented out the...
by wladvisory | Sep 15, 2024 | Business Advisory
Introduction When you run a business, choosing the right business structure is crucial. This decision isn’t just for when you start but can arise later if changing the structure becomes beneficial. You can operate a business as a sole trader, in a partnership,...
by wladvisory | Aug 15, 2024 | Property Tax
Introduction With one in three marriages ending in divorce and many de facto relationships breaking down, the capital gains tax (CGT) roll-over provisions for “marriage and relationship breakdowns” have become increasingly relevant. These rules provide a...
by wladvisory | Jul 15, 2024 | Monthly Tax Updates
Introduction While Australia doesn’t have a joint filing option for married couples, there are some aspects of your individual tax assessment that depend on your spouse’s income. (spouse definition tax Australia) For example, your eligibility for the private health...
by wladvisory | Jun 19, 2024 | Business Advisory, Tax News
Get ready for end of 2024 Financial Year We are almost approaching the end of the 2024 Financial Year. This post provides essential information and tips to help individual taxpayers and business owners prepare for the new year. Individuals (Common Mistakes and Tips)...