All Entries Tagged With: "property investment tax"

Tax time again!

Yes, property investors,  it is that time again when the end of the financial year is nigh!
Are you organised?  Is it time to sort through that paperwork so that everything can be delivered to the accountant quick smart at the beginning of July?
Save yourself some accountancy fees:

if you own several properties then make sure [...]

Land Tax in Queensland

Following is a chart with the Queensland Land Tax rates. For examples go to Queensland Treasury land tax. “Land tax is assessed on the taxable value of an owner’s total land-holdings.”
Rates for individuals (other than absentees, companies or trusts)
Taxable value
Rate of tax
$0–$599,999
$0
$600,000–$999,999
$500 plus 1 cent for each $ more than $600,000
$1,000,000–$2,999,999
$4,500 plus 1.65 cents for [...]

Catching Up On Capital Gains

Capital Gains Tax is a topic that even if not current for you, is often at the back of your mind when dealing with property investment so here is some information that may be of help to you.
Rent out your house and avoid Capital Gains Tax was an article written by Sarah Mills for Money.ninemsn.com  [...]