by Investment Plus Accounting Group | Jun 8, 2023 | Housing Prices, Property Investment, Property Investment Tips, Stamp Duty
As of 1 July, the new NSW Labor policy for first home buyers will come into effect. This means that first home buyers looking to purchase a home will receive a full stamp duty concession on properties up to $800,000 and reduced stamp duty tax on properties up to $1...
by Investment Plus Accounting Group | Jun 8, 2023 | Interest Rates, Mortgages, Property Investment, Refinancing
Interest rates are going to rise and the impact of 12 increases has resulted in many Australians experiencing mortgage stress. Borrowers feel imprisoned by their rising mortgages, but you can do something to escape mortgage stress if you act now. Almost 880,000...
by Investment Plus Accounting Group | Jun 8, 2023 | First Home Buyers, Interest Rates, Investment Property, Mortgages, Property Investment
Sydney house buyers need to earn more than $250,000 to borrow enough to purchase a typical home, while their Melbourne counterparts need almost $180,000, making homeownership near impossible for the average Australian. The sizeable sums needed to secure and service a...
by Investment Plus Accounting Group | Jun 8, 2023 | How To, Income Tax, Superannuation, Tax & Accounting, Tax Refunds
Did you know that you can make a concessional superannuation contribution and get $5000 or more as a tax refund this year? Super concessional contribution caps There is a limit on how much you can put into super each year from your pre-tax income. Such contributions...
by Investment Plus Accounting Group | May 29, 2023 | ATO, How To, Income Tax, Small Business, Tax & Accounting, Tax debts
If your ATO or SRO debt is consuming your life and finances, you need someone to help you efficiently and professionally; tax debt does not disappear if you ignore it. Our goal is to resolve your tax debt and make it as stress-free as possible, and we strive to...
