Thousands of property investors set for tax audit
The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...
Property sale price
The amount specified in the purchase sale agreement of the real property as the purchase price.
Current taxable income
Amount of income an individual used to calculate income tax due, gross income minus any deductions or exemptions allowed.
Purchase price of the property
The price an investor pays for the investment.
Capital gains/loss
Any profit or loss made from the sale of the property or of an investment.
Tax payable under new regime (marginal tax rate x half of capital gain)
The amount of capital gains tax payable based on marginal tax rate multiplied by half of the capital gain/loss.
The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...
An examination of ABS data has found a rising trend of taller apartment buildings, providing an insight into what Australia’s future unit ...
New transport infrastructure spending is set to benefit one coastal suburb in Western Australia, which has been labelled one of the best sub...
Going into a market that is yet to fully recover could pose a risk, but there are strong opportunities in one recovering capital city, accor...
Experts believe that Labor’s proposal to change tax policies can cause significant impact to the property market. How can investors prepar...
The results of a new report show that Melbourne suburbs were quite prominent in the country’s top hotspots for building approvals and popu...