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Dec 18, 2023 / News

Everyone selling land must now get an ATO clearance certificate

Last week the Government released the 2023-24 Mid-Year Economic and Fiscal Outlook (MYEFO), which contained 2 tax changes worth noting. Here we have outlined these changes so you can understand what they mean to ensure you are ready for what’s next. Read more

ATO / Property and Construction / Tax Compliance / Taxation


Jun 01, 2021 / News

MBA Corporate Partnership

Paul Dimasi gives an update on our corporate partnership with MBA being renewed for another year! Read more

Property and Construction


Feb 09, 2021 / News

Property Update: Holiday Rentals and Vacant Land Changes

COVID-19 has seen more people enjoy holidays locally, this means rental holiday homes are also being used for personal use more than ever. Due to recent changes in tax legislation, they may no longer be 100% tax-deductible. Read more

Property and Construction / Taxation


Apr 08, 2020 / News

Property & Construction: Importance of a solid foundation heading into FY21

Business needs to consider what the future looks like post COVID-19. Below is a short accounting and tax health checklist of items for your consideration. Read more

COVID-19 / Property and Construction


Feb 17, 2020 / News

New tax risk for property

Property features in the affairs of almost all our clients, and it often represents a significant part of their wealth. So we’re naturally on alert for any impact on property from changes to tax law. Parliament passed new laws with effect from 1 July last year that deny deductions for expenses relating to holding “vacant land”, even when it’s held for an income-producing purpose, such as development for sale, or building a commercial or residential rental property. Read more

Property and Construction / Taxation


Aug 15, 2018 / News

Top Tax Tip - Data matching on property transactions

In today’s electronic environment, the ATO uses computer assisted verification techniques to analyse records and makes extensive use of data matching to determine whether income is being under-reported (and deductions over-claimed) by comparing data obtained from third parties. Read more

Property and Construction / Taxation