Streaming trust capital gains and franked distributions: An overview
The ATO has stated that a trust’s capital gains and franked distributions can, if not prevented by the trust deed, be streamed to beneficiaries for…
Capital Gains Tax
Read MoreStreaming trust capital gains and franked distributions: An overview
The CGT implications of subdividing and building on the family property
Given the state of the property market in Australia these days, a not-uncommon situation can arise where a residential property owner seeks to demolish and…
Active vs passive assets and the small business CGT concession
The small business capital gains tax concessions are extremely valuable, and for small business owners who need to dispose of assets that have risen in…
Renting part or all of your home
Generally, if you rent out part or all of your home, the rent money you receive is assessable. This means that you must declare your…
CGT property withholding rules
Purchasers to become tax collectors on real estate post-1 July New withholding rules on the sale of property by foreign residents have been introduced –…
CGT building concession
Building a new home? Is this exempt from CGT? It is a widely recognised fact that capital gains tax does not apply to a taxpayer’s…