Building A New Home? Is It Exempt From CGT?
Christmas will be here before we know it, and it is likely that better organised employers will already be thinking about their yuletide preparations.
Christmas will be here before we know it, and it is likely that better organised employers will already be thinking about their yuletide preparations.
Christmas will be here before we know it, and it is likely that better organised employers will already be thinking about their yuletide preparations.
Have you ever let a room on the popular accommodation site Airbnb? Ever shared a ride with pseudo taxi service Uber? If so, you may have some tax to pay.
It can be easy to poke fun at the typical hobby farmer (like the old joke about their skills at growing blackberries and rabbits). For many the choice to embrace the rural idyll leads to a thirst for information about the taxation realities of owning a small country property. It is true that small rural landholders may be pursuing “lifestyle” dividends rather than a genuine livelihood, but the option to claim the tax concessions for bona fide primary producers is still available, if eligible.
There is an under-used gem hidden within the small business simplified depreciation rules that in some circumstances can widen the opportunity to access this valuable deduction.
To save you having to laboriously search for the right tax rate or relevant threshold, the essential information is right here in one place.