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Property Tax

Sharing your property space - The “boarding” difference

There are various situations for which you might want to share your space; property space I mean not personal ~ who would ever want to do that! And with the rise of the sharing economy, it seems a main theme with advisors is the recommendation that clients rent out a bit of their space to […]

Making GST Margins on your Property with the “Margin Scheme”

Generally GST doesn’t apply to the sale or purchase of a property which is used predominately for private accommodation. So in instances where you are selling your main residence or a rental property, you won’t lose 10% of your sales proceeds in tax. Winning! But don’t be caught out, there can be situations where you […]