Buying or selling a house? Does Withholding Tax Apply?
As of 1 July 2017, the sale of any real estate over the value of $750,000 will be subject to withholding tax of 12.5%, withheld from the seller by the purchaser
By Adam Hurwood | |As of 1 July 2017, the sale of any real estate over the value of $750,000 will be subject to withholding tax of 12.5%, withheld from the seller by the purchaser
By Adam Hurwood | |The digital age has brought with it a myriad of efficiency gains to all business owners. Whether it be smart accounting systems, or easy to navigate document st
By | |With the new financial year, the changes to superannuation concessional (before-tax) contributions come into effect. This sees the cap reduced from $35,000 for
By Adam Camac | |The Australian Dollar moved higher by 3.25% against the US Dollar through June as key commodities such as Iron ore rebounded (after a sharp correction through M
By Adam Camac | |As a nation, both our level of savings, as well as our level of investment, are higher than many other developed countries’1. But over the last five years the
By Adam Hurwood | |Victoria’s State Police have confirmed that all Speed and Red Light Cameras across the state have been infected with ransomware, believed to be a strain of th
By James Mills | |The main themes driving markets in May were the release of the Commonwealth budget in Australia, as well as the election in France and stable economic data glob
By Adam Camac | |As 30 June quickly draws near, it is not too late for a review of your current tax position. Every year a tax planning review before 30 June will ensure reporti
By | |Article from insights.bt.com.au The win/win Negotiation is a process where two or more parties with different needs and goals discuss an issue to find a
By Adam Hurwood | |This month we saw Scott Morrison present his second federal budget as treasurer, announcing few "big ticket" changes to taxation. In response, the Opposition ha
By Jeff Little | |With the increasing usage and reliance on smartphones, they are becoming a much more enticing target for ransomware and other malicious apps. The Check
By | |- The major themes driving markets in April continued to be President Trump's bold stimulus promises, the prospect of higher US interest rates and the political
By Adam Camac | |The federal budget was delivered on Tuesday night, with the government announcing fewer 'big ticket' changes this year. While housing affordability has been a
By Jeff Little | |It's that time of the year again. The Fringe Benefits Tax (FBT) year ended on 31 March 2017 and as an employer, you will need to calculate your FBT liability an
By | |31 years ago, the first PC computer virus as we know it today, the 'Brain Boot Sector Virus', was released - opening the floodgates for the volume of viruses an
By James Mills | |With Australians living more active and longer lives, the concept and expectations of retirement living is much different to what it was in past generations. Fo
By Janik Hrabovcak | |It is with great pleasure that we congratulate two of our accounting team members on passing their final Chartered Accountants (CA) Program exam. Derek Le and
By | |Gone are the days of the two-week RG146 course to become a qualified financial adviser in Australia. Financial planners and advisers nationwide will be subject
By Adam Hurwood | |As announced in the Federal Budget Mid-Year Economic and Fiscal Outlook, from 1 July 2017, the Australian Taxation Office (ATO) will have the authority to discl
By Adam Hurwood | |In an increasingly connected world, our personal information is being stored in more and more places. Sadly, this also gives hackers many more locations to atta
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