Is your home exempt from Capital Gains Tax?

Is your home exempt from Capital Gains Tax?

If you have multiple residences, you can generally only claim full capital gains tax (CGT) exemption from the dwelling that you identify as your Main Residence. How do I know what my main residence is? Below is a list of details that may help you ascertain which...
Buying your own home

Buying your own home

If you are a potential first home buyer (FHB) you may be feeling disheartened by doom and gloom in the media as to whether younger generations will ever own their own home. There is no doubt house price to salary ratio was lower in the 70s and 80s – often seen...
The Sandwich Generation

The Sandwich Generation

Are you a member of one of the fastest growing demographic groups: the Sandwich Generation? Well you’re not alone. And the sandwich generation is growing! One notable authority on the subject has categorised three demographic groups affected by this issue: Traditional...
Starting Over…

Starting Over…

In Australia today around 1 in 3 marriages can be expected to end in divorce. With 77% of Australian couples also living together before getting married (and let’s face it – some don’t go the distance) the real impact of relationship breakdowns is likely to be...
Maximise Tax Deductions

Maximise Tax Deductions

According to the ATO there are around 1.9 million property investors in Australia and 2.7 million rental investment properties. Surprisingly, many landlords fail to claim all allowable tax deductions simply because they are unaware of all the expenses they can claim...