Legal and accounting professionals have criticised the NSW government’s strategy to replace stamp duty with an annual land tax.
Accounting bodies are concerned about the need to juggle three taxes concurrently: stamp duty, land tax and property tax.
The New South Wales government wants to make stamp duty optional in a major reform to stimulate the economy after the Covid-19 recession.
The Government will be bringing forward income tax cuts in Tuesday’s Federal Budget, with millions of Australians set to receive thousands back in their hip poc…
Adelaide house-hunters have almost 1500 fewer properties to choose from on the market than they did a year ago.
With COVID-19 having a massive impact on our personal circumstances, there have been some big changes to how we do our tax returns this year.
One of the many unforeseen impacts of COVID-19 has been the massive financial impact, especially in the tourism and aviation industries around the world.
The ATO is preparing for “a tax time like no other” as millions of Australians claim expenses for working from home during the pandemic.
Sadly for many businesses around the world, the issue of tax planning will not be high on the list as survival took centre stage due to COVID-19 in this financi…
Australian Property Investor Magazine
Investors remain overwhelmingly positive about the property market and their prospects for price growth, a new survey shows, while affordability has emerged as a bigger concern than the impacts of the pandemic.
The start of a new financial year serves as a good reminder for ensuring an investment property portfolio and strategy is performing to its full potential.
The Perth property market’s strong rebound over the past year is showing signs of tempering, with its July growth rate by far the slowest among the nation’s capitals.
Extended lockdowns have shifted the Reserve Bank of Australia into spectator mode, with an expected economic contraction giving it no scope to hike the official cash rate from its current record low.
Brisbane’s snap lockdown is giving agents, investors and prospective homebuyers time to take a breath, but pent-up demand is likely to drive a fast market rebound once the city is reopened.
Declining affordability is starting to slow the nation’s house price growth, but a mismatch between supply and demand will ensure price gains will continue to be recorded across most markets.
Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
You can also book a FREE 20 minute tax consult by emailing smats@smat…
Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…
We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
• How Covid19 has impacted the Australian Government’s federal finances
• Measures the Government intends to undertake to reinvigorate the Australian economy
• Latest taxatio…
Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
This webinar covers:
• New Global Talent and Business Innovation and Investment Program
• New Incentives for export-oriented Hong Kong based business
• Economic incentives and permanent visa pathways for critical staff
• Understanding the Australian taxation system for busine…