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Selling A Property With Mixed Rental And Residential Use
Selling a property that may have been used for mixed rental and residence purposes has a lot of capital gain tax (CGT) issues – and some of these also involve exercising good judgment as to how to best use the relevant CGT concessions. By way of example, if you...
Comparing SMSFs With Other Super Funds
While all superannuation funds have a shared goal to provide retirement benefits to their members, there are many differences between SMSFs and other superannuation funds. So if you’re thinking about setting up an SMSF, it’s worthwhile comparing SMSFs with other funds...
The Dangers Of Failing To Declare Income Or Lodge Returns
There are many adverse consequences associated with failing to lodge income tax returns or omitting income from those returns if the ATO finds out. The ATO has increasingly sophisticated technology to track such matters and catch people out – including “data matching”...
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