by Investment Plus Accounting Group | Nov 20, 2020 | Depreciation, Property Investment, Tax & Accounting
Are you thinking about building a new investment property? With the numbers proving that new properties hold the most depreciation deductions, building new is a popular choice. Understanding construction costs can provide a ballpark figure of what to expect when...
by Investment Plus Accounting Group | Nov 20, 2020 | Depreciation, Property Investment, Renovation Tips, Tax & Accounting
This renovation tip can save you thousands Renovating an investment property is different to renovating your own home. Whether the renovation is big or small, you will be taking a head over heart approach and doing what will help you improve your return on investment....
by Investment Plus Accounting Group | Nov 20, 2020 | Perth Property, Property Investment, Tax & Accounting
The Perth Property Market Outlook – Update It’s been a unique year for Perth’s property market as WA has navigated the impacts of COVID-19. While garnering national attention in early 2020 when four consecutive months of price growth indicated the progression of...
by Investment Plus Accounting Group | Jul 22, 2020 | Business, Tax & Accounting
Enhanced access, quality and safety in aged care The 2020-21 Budget provides a record level of $2.0 billion support into aged care over four years to progress reforms to deliver improved outcomes for consumers and providers. Support for consumers includes: $1.6...
by Investment Plus Accounting Group | Jul 6, 2020 | Business, Tax & Accounting
ATO Employer Reminder: A reminder has been issued by the ATO to employers reporting through STP (Single Touch Payroll). That applies to just about every employer, assuming that deferral or exemption isn’t involved. Employers need to have payroll information finalized...
by Investment Plus Accounting Group | Jul 6, 2020 | Depreciation, Tax & Accounting
Businesses and property investors will sometimes hire a professional quantity surveyor, who will put together an updated tax depreciation report. This will provide depreciation and capital works deductions for revenue-producing properties they own. These places may...