2018 Budget Breakdown

Below are highlights from the 2018 Federal Budget. Though the reforms are still to pass into Law, there are some points that may have an effect on your tax position in the coming years: Small Business concession of the immediate write off of Eligible Assets costing...

The Share Economy – ie AirBNB

THE SHARE ECONOMY – ie: AIRBNB   As the Sharing Economy continues to grow, there is a growing attraction to rent out one of your bedrooms for short term stays. It is important to understand the implications of such an arrangement and the importance of keeping...

Rental Property: Changes to Deductions

The Government has introduced a number of changes to what and how you can claim rental property expenses. The most significant of these changes is to the claim for depreciation on plant and equipment already existing when an established residential property is...