Luxury car tax
Buying a premium new car (over $90,000) comes with a number of benefits – comfort, driving pleasure, status, the list goes on. However, the purchase… from Luxury car tax
Changes to deductions for ATO interest charges
Currently the ATO allows taxpayers to claim deductions for general interest charges and shortfall interest charges. From 1 July 2025, you will no longer be… from Changes to deductions for ATO interest charges
What “Boomers” need to know
Born between 1946 and 1964, baby boomers (or “boomers”) were said to be raised in a time of a healthy economy and optimism. Now in… from What “Boomers” need to know
New Airbnb tax
As of 1 January 2025, there will be a 7.5 per cent levy for short stay holiday house accommodation bookings in Victoria. This will apply… from New Airbnb tax
No stamp duty on apartments for 12 months
The Government recently announced a 12-month exemption on stamp duty for those purchasing a new build for apartments and townhouses. The 12-month period will apply… from No stamp duty on apartments for 12 months
Do social media influencers pay tax?
Being a social media influencer is now considered a lucrative and exciting career choice for many. What is a social media influencer? An influencer is… from Do social media influencers pay tax?
Audit Shield
You may have recently received a notification from us regarding “Audit Shield” coverage. These emails are sent to you on our behalf, by “Accountancy Insurance.”… from Audit Shield
Vacant Residential Land Tax (VRLT) now Victoria wide
All owners of vacant residential land (as defined by the SRO) are required to submit a notification form to the SRO by Wednesday 15 January… from Vacant Residential Land Tax (VRLT) now Victoria wide
Mythical deductions
Weddings, pets, chocolate… Rumours of what we can and can’t claim on tax have done the rounds for years. We thought it would be fun… from Mythical deductions
Victorian property taxes update
There has been an increase in land tax across Victoria and following the recent state budget announcement, it looks as though it is not set… from Victorian property taxes update
