Inheriting assets other than a home
Most people know that if they inherit a home and it is sold within two years of the deceased’s death, then they won’t pay any…
Articles
Read MoreInheriting assets other than a home
Separation and divorce – CGT consequences …. and relief
With apparently at least one in three marriages ending in divorce – and with countless more defacto relationships breaking down – the capital gains tax…
Take care if you sell your home after leaving Australia!
If you have lived in Australia for many years and bought yourself a home here but decide to leave and go and live elsewhere, and…
Who is a spouse under the tax laws, and why does it matter?
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…
Newsletter – September 2024
Click here for a pdf version of this article. Who is a spouse under the tax laws, and why does it matter? While Australia doesn’t…
New financial year to-do list for your SMSF
With 30 June beyond us, now is the time to plan ahead to get your SMSF sorted for the new financial year. Below are five…
Changes to preservation age
Since 1 July 2024, the age at which individuals can access their superannuation increased to age 60. So what does this mean for those planning…
Spouse contributions splitting
Splitting superannuation contributions to your spouse can be a great way to boost your combined superannuation balances which can benefit you both in retirement. What…
The Instant Asset Write-off that almost never was
Owing to some last minute machinations in the Senate, the $20,000 Instant Asset Write-off (IAWO) for the 2023-24 financial year was only passed into law…