Probably the most overlooked reason for the housing affordability crisis in Australia at the moment is the capital gains tax (CGT) exemption for a person’s home itself. But not this alone. Rather, it is probably the exemption in conjunction with all the various...

Tax file numbers (TFNs) are so much an everyday element when dealing with tax and the ATO that many taxpayers won’t give it a second thought when tax return software responds with an “invalid” message when a TFN is entered. The common thought will be that it’s human...

A common question that is often asked is whether amounts can be added to a superannuation pension account once it has commenced. The short answer Unfortunately, the answer is no. Although your pension account can continue to increase due to investment earnings, such...