As a foreign resident, if you dispose of your house after 30 June 2019, you will now be hit with Capital Gains Tax (CGT). That is the new tax clarification released by the Government’s Mid-Year Economic and Fiscal Outlook 2017-18…
Small businesses may be eligible for various concessional treatments for transactions that involve capital gains tax (CGT), which can reduce, defer or even eliminate CGT payable (see previous article "The small business concessions"). But the Tax Office says that some…
The small business sector has variously been described as the engine room of the economy as well as the biggest employer in the country – and it’s not hard to see why. Research shows that small businesses were responsible for…
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