Will There Be A Crackdown On Capital Gains Tax Concessions?
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The Australian Financial Review reported that the Turnbull government was planning a crackdown on capital gains tax concessions for property investors in order to “seize the mantle” on housing affordability and provide revenue to help replace soon-to-be-abandoned budget cuts.  The government’s policy backflip was scheduled to be unveiled in the May budget and comes after…

The Tax Man Is Watching You
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Currently A.T.O. is focusing on rental properties, and more specifically the common mistakes people make when claiming on them. The Australian Taxation Office is paying particular attention to:  higher than expected rental interest expense claims, and holiday homes that are not genuinely available for rent. They are warning property investors that if you are claiming…

Inefficient tax slugs all homebuyers
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Developers are inflating the infrastructure charges levied upon them by as much as 400% – and all buyers end up paying, writes: Lyndall Bryant, Queensland University of Technology Housing affordability is more than just house prices It also includes ready access to public transport, schools, good road networks, and of course access to all the…

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