Taxing Time for Expats: Changes to the CGT Main Residence Exemption
If you are an Australian foreign resident for tax purposes and are planning on selling your main residence in Australia, there are some important new laws that you need to be aware of. Until recently, non-residents could claim an exemption for capital gains tax (CGT) when selling their main residence in Australia. However due to […]
Is Someone Stealing Your Money?
As seen in the Coffs Coast Advocate By James Davis As a business owner your focus is on driving sales, cutting costs, managing staff. But what if all that focus and hard work is being undermined by someone who is quietly stealing your money? Fraud is more common than most business owners realise and 60% […]
Five types of fraud that could cause you a world of pain
Business fraud is more common than you make think, striking all sizes of business and potentially forcing a profitable operation into freefall without much warning. We don’t say this to scare you. The purpose of this blog is to make you aware of the most common types of small business fraud and help you to […]
Hannah Edwards Top the Class at Tax Institute
HQB Client Manager Hannah Edwards has come at the top of her class in the two subjects most recently completed with the Tax Institute. Last semester Hannah studied Property Law, building her skills and knowledge about real estate, intellectual property, competition, consumer and insurance law. She also took Entities & Business Structure, learning about the […]
What You Need to Know Before Buying Property in Your Self-Managed Super
One of the most appealing elements of a self-managed super fund (SMSF) is the flexibility to invest in a wide range of asset classes, including investment property. But those who want to add real estate to their SMSF need to consider a number of factors before they jump into a residential or commercial property purchase. […]
Budget Update
On 2 April 2019, the treasurer, Josh Frydenberg, delivered his first Federal Budget of the Morrison Government. Being that this is also a pre-election Budget, the proposed measures may very well change in the coming months prior to and after the Federal election. Proposed Measures – Individuals Individual Tax Relief through Low and Middle Income […]
BEWARE! ATO Phone Scam
The ATO first warned of a phone scam more than 3 months ago, and the losses just keeping coming. Last month alone losses were reported at $830,000, and reports are that the scam is becoming increasingly sophisticated. We are cautioning all our clients to be extremely vigilant about screening calls that purport to be from […]