Sunday, June 23, 2024
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Are you confused about what the tax-free threshold means? Don't worry, you're not alone. The tax-free threshold is a term that's thrown around a lot when it comes to income tax, but it's not always clear what it means....
Are you currently in the process of buying a property in New South Wales? If so, you may have heard the term "gazumping" thrown around. But what exactly does this term mean and is it legal in NSW? Gazumping occurs...
Are you considering investing in property and wondering whether units are a good investment? There are several factors to consider before making a decision. Units can be a more affordable entry point into the property market, making them an...
Can FIFO workers claim airport parking on tax? If you are a FIFO worker, you may be wondering which expenses you can claim on your tax return. The answer is that it depends on the circumstances. If you park your...
If you're interested in property investment, you may have come across the term "positive gearing." But what exactly does it mean? Positive gearing is when the rental income from an investment property is greater than its expenses, including the...
If you're considering taking out a home loan, you may have come across lenders mortgage insurance (LMI) as part of the process. LMI is a type of insurance that protects the lender in case you default on your loan....
Are you looking for ways to reduce your capital gains tax (CGT) in Australia? CGT is a tax on the profit you make from selling an asset, such as property or shares. It can be a significant amount, but...
When it comes to buying property, stamp duty is an unavoidable expense that can add up to thousands of dollars. For those who are purchasing off the plan, it can be confusing to know when stamp duty is payable....
Investing in property is a popular way to build wealth and secure your financial future. However, with so many options available, it can be difficult to determine which investment is right for you. One type of investment that has...
If you're considering investing in property, you may be wondering how much super you need to buy an investment property. The answer isn't straightforward. It depends on a range of factors, including the property's price, your current super balance,...