Tax Treatment of Capital Gains on various Investments: Crypto Currency, Share Trading, Managed Funds, CFD trading such as- Forex, Crude Oil etc, Sale of Rental Property ( Investment Property)

We get bombarded with questions in relation to capital gains on variousinvestments. It is surprising that although many of these investmentinstruments look similar, but their tax treatment’s may be different. Also, insome cases they may not be subject to capital gains tax but fall under theregime of business income.Due to the complexity in their nature […]

Teacher Tax Return and Deduction Checklist

It’s that time of year again when you have to start thinking about your taxes and what deductions you can take as a teacher. Teachers do an incredible job educating our children day in and day out, but when it comes to their own taxes, they often need a little help.  Just like other professionals,[…..]

What is a Low Income Super Tax Offset?

What is the amount I will receive under LISTO? The maximum offset an individual can receive is $500. The amount you get is calculated based on your taxable income and contributions made to your super fund. On the other hand, the minimum amount is $10. In the event that the amount due is less than[…..]