The Government previously announced a Federal Budget measure to remove the main residence exemption from foreign residents for Australian capital gains tax (CGT) purposes. The Bill for the measure was introduced before the last election but lapsed.
There is only one constant in the world – change. While some directors may have achieved successes in the boardroom with certain attributes, the endlessly changing world is now asserting demands for new attributes of future directors to meet tomorrow’s challenges.
We now have a date. The ALP announced last week that if they win at the next Federal Election, it would seek to introduce its tax policy to remove negative gearing on properties that are not new and reduce the capital gains tax (CGT) discount to 25% from 1 January 2020.
BDO Partner Eddie Chung provides an introduction to governance for your SME.
Are cryptocurrencies a legitimate investment? As an accountant, outside the context of a business, an investment is by definition something that is likely increase in value over time.
Unit trusts have long been popular property investment vehicles, especially where multiple owners are involved.