Both self-employed and employed Australians can now consider tax incentives to be better able to save for retirement. In the SMSF arena, another change to the superannuation rules could lessen the appeal of borrowing to invest.
Our broad overview of tax and the stock market is worth reading if you’re looking into shares. This article should also be of interest to cryptocurrency traders.
We look at a convenient GST apportioning option to cover private use. On the matter of GST, we consider the compliance steps that may need to be taken should the “use” of an asset change.
Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.