by Garry Wolnarek | 12 Apr 2018 | Capital Gains, General, Insights, Property Taxation, Tax Planning
Buying the land next door can be a great idea to expand your wings while retaining the CGT Main Residence Exemption. We come across clients that have purchased the adjoining block of land, either at the time of the original purchase or some time later for various life...
by Garry Wolnarek | 11 Jul 2017 | General, Property Taxation, Tax Planning
Melbourne taxable area The Victorian Government has introduced new legislation to levy an additional land tax on vacant residential properties. This tax will be the first of its kind in Australia. Under the proposal, owners of residential real estate in inner city or...