Business Accounting

GETTING STARTED

Treasury paper takes aim at capital gains tax discount but not negative gearing

David Potts Treasury has lined up the ducks for the discussion paper on tax. The surprise is what's not on the list.

BOURIS ON MONEY

Tax tactics can make your money grow

Mark Bouris

Mark Bouris If you're trying to create financial security, always remember that the tax system can be on your side.

ASK NOEL

Dipping a toe in the investment water

 

Noel Whittaker I'm 31 and nervous of investing my hard-earned savings in shares. What should I do?

YOUR QUESTIONS

What's the tax position on my property?

What is the tax position on my property?

George Cochrane My SMSF owns a commercial property. Can I transition to retirement and pay zero tax on the rent from the property while the property has a mortgage/loan on it?

SHORT CHANGE

Small-business creditors set up name, shame and bill site

Pursuing debtors with a flurry of invoices and statements may be a thing of the past.

David Potts Small businesses are turning to a website to collect money they’re owed.

ASK NOEL

Be older and wiser with your super

Mucci illo for Money


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Noel Whittaker When a member of a superannuation fund dies, the trustee of the super fund has the responsibility of deciding who the money will be paid to, so it's best to get it right.

ASK NOEL

Is our borrowing to invest plan a wise one?

 

Noel Whittaker Should a couple put money into managed funds and use the income to pay down their mortgage?

YOUR QUESTIONS

What's the best investment strategy for mother's inheritance?

Do your research: Some ethical investment funds have done very well, but your elderly mother may not likely the volatility, so you might look around for ethical balanced funds, preferably with a large, safe institution.

George Cochrane She wants a safe investment that can be liquidated quickly should she need money to go into a nursing home.

tax

Coalition under pressure to push forward laws requiring top companies to disclose tax bills

Nassim Khadem The Coalition has refused to push forward existing laws that require Australia’s biggest companies to publicly disclose their tax bills.

Government should encourage savings and productive investment

Nothing in it: Reserve Bank governor Glenn Stevens recently spoke at the Melbourne Economic forum.

Daryl Dixon Our senior bureaucrats should develop policy options that encourage savings and productive investment.

ASK NOEL

How can I get my home dream to fly?

Dreams of a home

Noel Whittaker I'm 23 and want to own my own home. What's my best long-term strategy?

ASK NOEL

What can I claim when I rent out old home?

Illustration: Michael Mucci

Noel Whittaker I plan to rent my home out, how can I keep my tax liabilities low?

POTTS SPOT

How to beat 'bracket creep'

Tax.

Potts Spot Many will pay $1000 more a year in tax within two years. But there are ways to avoid a higher tax slug.

TAX

Strategies to blunt the pain

MONEY

John Collett Higher-income earners are bracing themselves for a 'deficit tax' on their earnings in the May 13 budget.

TAX TIME

Ways to claw back your tax

melissa browne dinkus

Melissa Browne Have a budget whinge, dust yourself off and maximise deductions to the limit.

ASK NOEL

I helped my daughter buy her home. Must I pay tax if she returns it?

Break out the champagne: Wedding bells can mean a big day for the parents of the bride too.

Noel Whittaker We're planning to transfer the property back into my name. Will I be hit with a big bill?

We're close to retirement. Should we sell investment properties?

Your Questions dinkus

George Cochrane Is the best strategy to offload our units oir keep them for the income?

REFUND RUSH

Make sure you've got your tax ducks in a row

The Tax Office flies in: The race is on for taxpayers to complete tax returns after receiving  their Payment Summary.

Melissa Browne What are the recent rule changes to be wary of when filling in your tax return this year.

YOUR QUESTIONS

How can my parents prepare for care?

George Cochrane They are in good health, but obviously at their age, anything can happen.

ASK NOEL

Tax return doesn't cut the mustard

Michael Mucci

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Noel Whittaker My SMSF isn't complex - can I do my own tax return?