When it comes to property investment and wealth creation, misinformation and myths pose a potential danger. The property market is always buzzing with a lot of baseless information, which eventually results in a wrong move. Therefore, before you venture into the property market and make any investment, be sure to separate facts from fiction. These are just some of the common myths about property investment: (more…)...
October – 2018 Practice Update covers following points:
- Increased Scrutiny of Home Office Claims.
- More help for Drought-affected Farmers.
- Increase in Private Health Insurance Excesses.
- Legislation to Combat Illegal Phoenix Activity.
Changes Effective 1 July 2018
If you’re in the market to purchase a new residential property or are looking to buy a block of land for future development, as a purchaser you are required to withhold GST on settlement and this amount is to be directly paid to the ATO. (more…)...