6 year Primary Residence Rule
The 6 year Primary Residence rule allows you to turn your primary place of residence into an investment property for up to six years without having Capital Gains Tax (CGT) implications.
Are tax returns still required when retired?
While income stream payments from super for those over age 60 are paid to you tax free, investment income and taxable Centrelink payments are still assessed.
Tax Time Preparation
As the end of the financial year approaches, now is a good time to check some new and not so new ways to reduce tax and boost your savings.
5 EOY Tax Strategies
With tax time just around the corner, we thought we will briefly outline some useful tax effective end of financial year strategies.
