14/12/2023
The Meakins case examines the deductibility of holding costs for vacant land. The findings emphasise the importance of demonstrable, income-generating activities to support tax deduction claims on vacant land, offering crucial insights for property investors and taxpayers. The recent Administrative Appeals Tribunal (AAT) case Meakins and Commissioner of Taxation [2023] AATA 3852 (Meakins), highlights its […]
12/12/2023
Increased costs for foreign property investors will aim to improve the availability and affordability of homes for Australians. Foreign investors will face higher taxes on existing properties meanwhile the Federal Government will incentivise ‘Build-to-Rent’ projects by setting fees at the lowest commercial rate. On Sunday 10 December, the government announced property tax changes to penalise […]
24/05/2023
The 2023/24 State Budget delivered by the Victorian Government seeks to repay COVID-19 debt through taxing big business and property investors. Temporary levies and job cuts are central to the 10-year fiscal repair plan which are set to impact business and employment. Key takeaways Larger businesses and landlords will have to pay additional taxes to […]
30/03/2023
With multiple economic factors currently affecting the property industry, we are delighted to bring you this property development seminar with experts who have lived through boom & bust periods, and have genuine advice and insights into the industry’s current challenges and opportunities. The interactive face to face event was hosted by SW property expert, Sejla Kadric, […]
17/08/2022
Developing tomorrow’s leaders today For the sixth year, we deliver an interactive 5-part seminar series to aspiring and emerging leaders in the Property Fund Management sector, with direct access to leading industry experts and their experience, strategic industry insights and pitfalls, and key issues ranging from structuring, debt and equity through to legal and compliance. […]
30/06/2022
With over 14 years’ experience, Michael has significant expertise in cross border transactions between Australia and China, guiding overseas investors through complex business, accounting and tax matters by providing professional and practical solutions. He assists clients with property investment and migration issues across international markets including Hong Kong, China and Macau and provides audit, accounting […]
30/06/2022
Sejla has 17 years’ experience in providing accounting, tax and business advisory services, and has a passion for the property sector. Sejla Kadric supports local and foreign owned businesses across a range of sectors, with particular focus on assisting property developers with all of their key requirements. She brings a commercial pragmatism to all her […]
30/06/2022
Rick has over 11 years’ experience across a broad range of business and private client advisory services to both listed and unlisted companies, funds management groups, SMEs, not for profits, charities and high net wealth private client groups. A well-rounded Chartered Accountant and tax advisor, Rick thinks outside of the box and regularly collaborates with […]
22/06/2022
The NSW Government has announced first home buyers will be able to choose to pay an annual property tax instead of stamp duty. This significant proposed property tax reform aims to reduce the upfront cost for purchasing a home. First home buyers purchasing properties up to $1.5m as their principal residence will now be able […]
21/06/2022
The Queensland 2022/23 Budget includes increased mental health support, payroll tax relief and mining companies face higher coal royalty rates. Queensland Treasurer, Cameron Dick, has handed down his 3rd budget as part of the government’s plan for economic recovery from the Covid-19 pandemic. Revenue measures announced as part of the 2022–23 Queensland Budget, include: a […]