Umbrella Property Accountants

Property Insights

Foreign property investors to pay more land tax and stamp duty

Starting with the Victorian Budget on 5 May 2015, the majority of states in Australia have implemented surcharges on foreign investors in the residential property markets. Below are tables that will assist you in understanding the new surcharge for each state that has changed in recent memory. Most recently, Queensland

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2017/18 Reasonable Travel & Meal Allowance Rates & Tax Deductions

Taxation Determination TD 2017/19 –  The Commissioner has set out the amounts considered to be reasonable in relation to claims made by employees for the 2017/18 income year for: • overtime meal expenses — for food and drink when working overtime • domestic travel expenses — for accommodation, food and drink, and

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