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.
TAX
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…
Stamp duty may become the latest casualty of the COVID-19 crisis, as state governments reevaluate the golden goose of taxation.
A tax expert has warned it’s “inevitable” that a looming deadline will end up hurting taxpayers’ wallets as the coronavirus crisis rages on.
During the Covid-19 Crisis, many Australian expatriates and visitors to Australia may find themselves stuck due to travel and health restrictions.
With the end of the financial year fast approaching, now is the best time to assess your current financial position and resource requirements to take advantage…
The $47 billion in deductions claimed against rental income every year will face tougher scrutiny from the Australian Taxation Office after more than 300 audits…
Australian Property Investor Magazine
Latest Articles
Apartment developers across the country are facing their toughest market in nearly a decade, with approvals plunging due to the COVID-19 crisis and little respite on offer in the form of state and federal government stimulus.
If ever there was a place name that best self-promoted its post-COVID lifestyle credentials, it would be hard to go past Sunshine Coast.
Apartment sales in the affluent western suburbs of Perth’s so-called Golden Triangle have taken off, with one suburb in particular attracting a disproportionate amount of interest and providing significant potential for capital growth.
Brisbane’s real estate market continues to prove its resilience, despite the coronavirus shock.
From buying his first property in regional Western Australia at just 22, John Monaco has taken a family commitment to property investment and turned it into a large-scale commercial and residential portfolio and a successful property development business.
Declines in home values continue to be mild across the country, but uncertainty is building around what the impacts will be once government stimulus is switched off and banks become less-friendly with lending policies.
All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or any of it's related entities.