Monthly Update [May 2024]

Selling your home? Beware of a partial capital gains tax liability! This month’s edition of our client newsletter includes an article on being aware of a partial capital gains tax (CGT) liability that may apply to you if you sell your main residence.    This is followed by an item that explains why you should be wary […]

Monthly Update | Federal Budget 2024-25

Federal Budget 2024-25 The Federal Budget, handed down on Tuesday 14 May, contained a number of tax, superannuation, tax administration and social security/cost of living proposals that may impact your clients (and their businesses) in relation to the following matters:  Instant asset write-off  CGT and foreign residents  The training and energy efficiency boosts ATO discretion […]