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November 2017

In one of the most dramatic changes to property depreciation legislation in more than 15 years, Parliament has passed the Treasury Laws Amendment (Housing Tax Integrity) Bill 2017 as at Wednesday 15th November 2017, with the Bill now legislation. The new legislation means owners of second-hand residential properties...

There is no doubt that purchasing a property can be one of the most stressful times in your life. This can be an emotional time and there are a lot of factors to consider when choosing a property that will best suit your needs. So,...

The Australian Taxation Office (ATO) allows investors to choose between two methods of claiming depreciation on plant and equipment assets*. These are the diminishing value and the prime cost methods of depreciation. When an investor makes their depreciation claim, they can choose only one of these...