by Team Garnet | Dec 8, 2021 | Capital Gains, Tax News
If you’re building or substantially renovating your home, delays may end up costing you more than just money now. Most of Australia has been experiencing a building boom fuelled by government policy such as the HomeBuilder scheme and a general desire to make our...
by Team Garnet | Oct 22, 2021 | Capital Gains, Tax News
Taxpayers that have received gifts or loans from overseas family and relatives beware, the ATO is currently scrutinising these types of transactions. The ATO has recently issued an alert, warning taxpayers against disguising undeclared foreign income as gifts or loans...
by Team Garnet | Jun 18, 2018 | Capital Gains, Tax News
Did you know that if you’re selling your home you may need a capital gains withholding clearance certificate from the ATO? If you don’t, you may find a chunk of the sales proceeds from your home going to the tax man. The online process to obtain the certificate is...
