by Garry Wolnarek | 24 Jun 2022 | Superannuation, Uncategorized
The end of the 2022 financial year is fast approaching and we would like to take an opportunity and provide all our clients SMSF year-end housekeeping checklist.1. For SMSF Contributions, you are claiming a deduction for:Ensure notice of intent to claim tax deduction...
by Garry Wolnarek | 11 May 2022 | Land Tax, Property
The Tasmanian Government has introduced measures to: amend the Land Tax Act 2000 (Tas) to, among other things, introduce a 2% foreign investor land tax surcharge for residential land acquired on or after 1 July 2022. Note: the measures will not apply to principal...
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 | 3 May 2022 | Insights, Property
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 | 13 Apr 2022 | Property, Rental Income, Rental Properties
If you’re looking to invest in property in 2022, it’s important to understand rental yield to ensure you get a good return on your investment. Rental yield is the annual income generated from rent as a percentage of the property’s value. A higher rental...
by Garry Wolnarek | 4 Apr 2022 | Property, Superannuation
Downsizer Contributions allow people planning for retirement to contribute proceeds from the sale of their home into superannuation to help fund their own super pensions. The government passed a measure in Feb 2022 to reduce the eligibility age for making...
by Garry Wolnarek | 26 Mar 2022 | Property
If you are considering buying off the plan properties, the ACT Government has further cut stamp duty for properties under $600,000 for a first home and downsizer buyers from the 1st April 2022. The ACT Government will cut residential stamp duty again to...
by Garry Wolnarek | 12 Mar 2022 | General
NDIS / SDA Housing GST Considerations NDIS / SDA Typically these types of residential investment properties are built to a much higher standard, but can also attract much higher returns in the order of 10% plus compared to 5% plus you could aim for with a good typical...
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....
by Garry Wolnarek | 19 Feb 2022 | Uncategorized
Buying before selling your main residence can still qualify for the main residence exemption if 2 key requirements are met Moving home in the current market Normal or buyers’ Market – Selling before buying a new home is normal Historically in a neutral or buyer’s...
