by Peter Ristevski | Aug 22, 2025 | Capital Gains Tax (CGT), Inheritance, Tax & Accounting
Navigating inherited assets in Australia involves critical tax considerations—specifically regarding capital gains tax (CGT). Whether an asset was acquired before or after 20 September 1985 (the CGT introduction date) can significantly influence both its cost base and...
by Investment Plus Accounting Group | Nov 1, 2024 | Airbnb, Capital Gains Tax (CGT), Property Investment, Property Investment Tips, Property Tax
Renting out your holiday home can be a lucrative way to generate additional income, but it’s important to understand the tax implications that come with it. In Australia, the Australian Taxation Office (ATO) has specific guidelines for property owners, and being...
by Peter Ristevski | Apr 18, 2024 | ATO, Capital Gains Tax (CGT), Investment Property, Property Tax
Investment property can be a lucrative way to set your family up for a future nest egg. However, if you’re looking to maximise the value of your property investments, you need to be aware of the costs that come along with it. The biggest cost you’re likely to face...
by Peter Ristevski | Jan 29, 2024 | Capital Gains Tax (CGT), Retirement Planning, Small Business, Small Business Tips, SMSF, Superannuation
So you’re a small business owner and preparing for retirement? Here are a few important things to consider when selling your small business to make one final boost to your nest egg. When selling a business or business asset, small business owners can contribute the...
by Investment Plus Accounting Group | Nov 29, 2023 | Capital Gains Tax (CGT), Property Investment, Tax Tips
Discovering how to avoid capital gains tax when selling your investment property can save you thousands of dollars. Yet so many first-time property investors continue to be overwhelmed at the thought of potentially paying capital gains tax on the hard-earned growth of...
by Investment Plus Accounting Group | Nov 5, 2023 | ATO, Capital Gains Tax (CGT), Small Business Tips, Tax & Accounting
Did you find working from home during COVID-19 lockdown to be a success? Are you considering giving up your leased commercial business premises to instead run your business from home? This choice may result in the Australian Taxation Office taking a slice of the...