capital gains tax

Tools & guides

Minimising CGT: navigating the rules of active assets

Small business capital gains tax concessions, writes Peter Bembrick and Katherine Lloyd, can significantly reduce, or even eliminate, the tax paid on the sale of a small ...

Superannuation

CGT rollover relief for merging super funds welcomed

The Financial Services Council has welcomed the new legislation but is disappointed the laws also create unnecessary tax compliance burden on Australia’s managed funds....

Policy & Regulation

ATO change eases the sale of deceased estates

STEP Australia has welcomed new guidelines on capital gains tax announced by the Australian Taxation Office as a way to ‘simplify and clarify’ the process of deceased est...

Financial planning

Tax strategy options open up via catch-up contributions

Technical expert, Rob Lavery believes the 1 July changes allowing catch-up contributions have opened the way for astute tax management strategies....

Financial planning

Home buyers waiting for Election could miss the boat

Home buyers should not delay buying property based on the outcome of the upcoming Federal Election, according to the Real Estate Buyers Agents Association. ...

SMSF

SMSFs should look to industrial property

As banks cease SMSF loans for residential property, alongside a downturn in the housing market and potential policy changes, trustees may benefit from looking to its indu...

Financial planning

Tax Board to review granny flat arrangements

The Government has requested the Board of Taxation review the tax treatment of granny flat arrangements. ...

Features

Tips & traps of the lifetime CGT cap

Tim Sanderson writes that some small business owners selling their business assets could be eligible for one or more capital gains tax concession, and navigates the tips ...

Policy & Regulation

ALP proposals could hit property market hard

The Labor Party’s proposed reforms to negative gearing and capital gains tax could split the property market in two, despite promises from Canberra that the changes would...

Policy & Regulation

New research counters Labor’s negative gearing claims

New research commissioned by building industry group, Master Builders Australia has pointed to significant economic damage resulting from the Federal Opposition’s policie...

Tools & guides

Capital gains tax on selling an aged care resident’s former home

Linda Bruce explores the rules around the main residence capital gains tax exemption, and how these could represent a meaningful financial advice opportunity....

Tools & guides

TTR pension timing issues

David Barrett looks at what financial advisers need to understand now that the TTR changes come into place....

Features

Cutting through the super confusion

Catherine Chivers discusses top five advice topics that are likely to be running themes in adviser-client conversations as the financial year draws to a close....

Features

When year-end tax strategies rely on a federal election

Decisions regarding tax this financial year have a lot to do with the upcoming federal election and possible legislative changes. Jassmyn Goh finds out how advisers can b...