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Expatriates: Part-year resident or non-resident for tax purposes?

So what happens from a tax point of view when a person leaves Australia part-way through the income year? How is the income they derived

COVID-19 and residential rental property claims

Many residential rental property owners have had their rental income affected by COVID-19. As a result of this income year not being business as usual, the ATO

CGT implications when selling an inherited property

Beneficiaries who inherit a property need to be aware of the various Capital Gains Tax (CGT) implications associated with owning and selling an inherited property.When someone passes away

Varying your PAYG instalments

PAYG instalments is a system that helps you manage your expected tax liability on income from your business and/or investments for the current income year

Third Stimulus package – JobKeepers Payment

The Federal Government announced a new $130bn JobKeeper payment plan as part of its third stimulus package. This is created to subsidise wages to ensure

The Stimulus Package Summary – passed by the senate

The legislation for the stimulus has passed through the Senate overnight. The following is a summary of the economic stimulus support packages available and includes:1. Support

Investment Advice Newcastle Wealth management

The Stimulus Package: What You Need To Know

The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus.The yet to be

CGT on commercial property sales

If you are selling a commercial property it is likely to result in either a capital gain or capital loss. If the sale results in

Can you change your business or company name?

Changing your business or company name can be an exciting leap but before starting on new logos and rebranding, think about the steps required to officially