by Garry Wolnarek | 29 Nov 2023 | Property, Property Advice, Property Investors, Property Taxation, Rental Income, Rental Properties, Tax Planning
The ATO is particularly targeting property investors that are not using the help of a specialist property tax accountant like Umbrella Property Accountant, due to the high error rate being discovered from ATO Audits. The ATO Audits into self-preparers have uncovered...
by Garry Wolnarek | 10 Jun 2023 | Land Tax, Property, Property Investors, Property Taxation, Rental Income, Rental Properties, Tax Planning, Uncategorized
Gold Coast – Example of the Housing Rental Competing Forces Many Apartments are sitting empty most of the year, including an entire beachfront tower. Gold Coast mayor Tom Tate cited an entire high-rise sitting empty in the triple tower Jewel development at...
by Garry Wolnarek | 27 May 2023 | Covid-19, Land Tax, Property, Property Investors, Property Taxation, Tax Planning
Victoria was the most locked-down state in Australia, if not the world during Covid, resulting in the Victorian Government accruing over $30 Billion in debt to keep the doors closed. Victorian Statement Government wants to raise $8.6 Billion over the next 4 years by...
by Garry Wolnarek | 20 Mar 2023 | Joint Venture Agreements, Property, Property Developers, Property Taxation, Small Business, Tax Planning
Joint Venture tax understanding for property developers in Australia Joint Venture Agreement What is a (JV) for Property Development A joint venture (JV) is a cooperative agreement between two or more parties in which all parties contribute their resources (such as...
by Garry Wolnarek | 3 May 2022 | Property Taxation
A federal Labor government would deliver a $329-million help-to-buy scheme, providing 10,000 Australians with a government guarantee of up to 40 per cent on new homes or 30 per cent on existing homes with a two per cent deposit. A doubling of foreign investment...
by Garry Wolnarek | 27 Feb 2022 | Accounting / Bookkeeping, NDIS SDA GST Free, Property Advice, Property Taxation, Small Business
National Disability Insurance Scheme What is the NDIS / SDA? NDIS The National Disability Insurance Scheme is a Federal Act developed in 2013 to allow people with a disability to exercise choice and control about matters that affect them- such as their housing....
