PROVISIONAL TAX CHANGES

PROVISIONAL TAX CHANGES From the 2018 income year (that is, 1 April 2017 onwards), the safe harbour threshold has been increased! Hooray, I hear you say. It’s gone from $50,000 to $60,000. It has also been extended to non-individual taxpayers e.g. companies.  What does this mean? Use of Money Interest (UOMI) will only be payable…

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WHY YOU SHOULD (ALMOST) ALWAYS GET CHATTELS VALUED

furniture

Why is a chattels valuation necessary? Why you should always get chattels valued: In exploring the necessity of a chattels valuation, it’s crucial to delve into the intricacies of property assessment and taxation. While standard valuations typically assign a modest value to chattels, often ranging from $10,000 to $15,000, they frequently overlook numerous depreciable items…

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WHO NEEDS A FINANCIAL ADVISOR?

Who needs a Financial Advisor?* Do you? Well, you might be thinking “I need a lawyer… and an accountant.  But do I need a Financial Adviser?”  Like many people (most, in fact) you probably feel that a Financial Adviser is a bit of an optional extra.  We strongly feel that this is not sound thinking.…

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NOT ALL PROPERTY MANAGERS ARE CREATED EQUAL

Not All Property Managers Are Created Equal “Not all property managers are created equal.” What do we mean by that? Well: In an industry where all companies promise to “take the stress out” of property investment and offer a free lunch for your rental business it is increasingly difficult to choose the right property management…

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