How a Testamentary Discretionary Trust Can Save You Capital Gains Tax

Here’s a way to avoid triggering CGT! Testamentary discretionary trusts are great estate planning tools because they can offer tax minimisation, asset protection and flexibility. A testamentary discretionary trust is a type of trust created under a will, comes into existence only upon the administration of the deceased estate and has four elements: the trustee(s),…

How depreciation affects capital gains tax

In this Real Estate Talk show we answered a question from one of our listeners on depreciation and capital gains tax. We asked Brad Beer from BMT Quantity Surveyors for his thoughts. Here’s the transcript: Kevin:  I had a question sent in from Gary. I have an investment property that I claim depreciation on each tax year. Can…

Here's why negative gearing changes won't drive all investors from the housing market

Prime Minister Malcolm Turnbull has warned that Labor’s negative gearing policy would deliver “massive shocks” to the residential housing market and drive all  investors away. Does that claim stack up? Danielle Wood, Grattan Institute and John Daley, Grattan Institute take a look…. After Labor announced proposed changes to negative gearing and the capital gains tax discount,…

Labour policy hits negative gearing and capital gains

Bill Shorten has unveiled tax changes that will tighten negative gearing and capital gains tax provisions, affecting new rather than current property investors writes…  Michelle Grattan, University of Canberra Opposition Leader Bill Shorten has unveiled tax changes that would tighten negative gearing and the capital gains tax discount, saving A$565 million over the forward estimates…

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