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One of the most important CGT issues you need to be aware of is that a capital gain is always generated on the date of exchange. Therefore, a property owner should take this into consideration when selling so that a capital gain does not fall into a year when they may not need it because they have significant other assessable income. The following areas are equally important and worth noting:
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There are not many things as nerve-wracking and stressful as when the ATO comes knocking and demanding to see your books. To prepare you for such an event, Angelo Panagopoulos lists some practical and time-tested strategies
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The beginning of a New Year sees opportunities to review and take stock of your investment property portfolio so that you are ready for the next tax season.
In this article, David Shaw from WSC Group will outline some areas to review in the coming months before 30 June
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