Under Corporation Act 2001 (Cth), Cryptocurrency is categorised as a financial product. If you’ve bought, sold, or traded any goods in cryptocurrency you have a tax obligation to retain the record. Cryptocurrencies are also known as virtual currencies or digital currencies. There are many different types of cryptocurrency such as Bitcoin, Tether, Ether, and so […]
Three Tax Tips Must Know When Trading Crypto Read More »
The vast majority of property investors pay Capital Gains Tax (CGT) on a rental property when they sell, or dispose, of it. So it’s important to understand what is CGT and how it is calculated. In this post, we will find out: WHAT IS THE CAPITAL GAINS TAX? HOW MUCH IS IS THE CAPITAL GAINS
What to know about Capital Gains Tax (CGT) and How to Calculate It. Read More »
Why invest in property for retirement income? After you retire, you need a plan to generate income. As per the Australian Bureau of Statistics, only about 10% of Aussies who retired from the labor force will earn $1,500 or more every week. It is essential to plan how you will supplement your retirement income via
Do You Want to Retire in Comfort? Investing in Property then Read More »
The changes mean owners of any property not bought brand new will no longer be able to depreciate items like air-conditioners, cooktops and dishwashers, or shared equipment such as lifts and gyms in apartment complexes.
Assets Depreciation Changes Soften Residential Investor Demand Read More »