Archive for the ‘Taxation’ Category

REIA Calls for Abolition of Stamp duty!

Posted on October 7, 2011, 10:33 am, by Dr Peach, under General Mortgage, Taxation.

The REIA  (Real Estate Institute of Australia) has called for the government to get rid of all stamp duty on both residential and commercial property. On the state taxation session at the National Tax Forum, REIA CEO Amanda Lynch claimed, stamp duty was crippling housing affordability.  “Not only is it inefficient, it is too high [...]

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Investors Beware of the ATO

Posted on June 9, 2010, 2:57 pm, by Dr Peach, under Taxation, Taxation.

Property investment is one way to reduce assessable income through the range of tax deductions available to landlords. This year the ATO has flagged landlords among those it will be paying closer attention to at tax time. Each year the Australian Taxation Offices announces a number of areas that they will be paying particular attention [...]

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