Rental Property Investors What You Can and Can’t Claim?

on July 30, 2015 General with 0 comments

    Rental properties have been on the ATO radar. With the surge in real estate sales, especially residential investment properties, the ATO has taken a close interest in the expense claims property investors make concerning their rental properties. ATO’s Radar on Rental Property Claims for 2015   The Australian Tax Office (ATO) has expanded its…

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It’s a new financial year!

on July 29, 2015 General with 0 comments

Let’s make 2015/16 the year you take control of your tax and improve your financial wellbeing. At Lee & Lee, our aim is to help private business owners and property investors to make smarter informed decisions so you can have a secure and brighter financial future.              We have prepared a simple and useful checklist…

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FEDERAL BUDGET 2015

on May 13, 2015 General with 0 comments

Power to amend fraud and evasion under The Commissioner of Taxation has been granted power to modify the time limit for assessments and testing of fraud and evasion, which normally varies between two and four years. Under subsection 170 (1), (2) and (3) of the Income Tax Assessment Act 1936 (ITAA), the Commissioner can adjust…

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FEDERAL BUDGET 2015

on May 13, 2015 General with 0 comments

R&D and other incentives The Budget has announced it will cut the corporate tax rate by 1.5 per cent for small businesses with an annual turnover less than $2 million. For small business, this will also incur additional R&D benefit, where the permanent tax benefit will increase from 15 to 16.5 per cent. Small businesses…

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FEDERAL BUDGET 2015

on May 13, 2015 General with 0 comments

Budget focus on stimulating small business activity The Budget has introduced a number of measures for small businesses designed to revive investment and support entrepreneurship and startups. Tax cuts The Government has followed through with its announced 1.5 per cent tax cut for small businesses with an annual turnover of less than $2 million, which…

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on April 29, 2015 General with 0 comments

Property Tax Specialists Accountant As Property Tax Specialists we can help you who’ve invested in property to maximise your tax refunds by implementing tax minimisation strategies. The Property Tax Specialists are an award-winning leader in the Australian taxation field, with most experienced and knowledgeable experts in accounting, business add property investing. We can help with…

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WEALTH MATTERS

on April 2, 2015 General with 0 comments

Y o u r P e r s o n a l G u i d e t o W e a l t h C r e a t i o n Make the most of transitioning to retirement As of July 1 2014, there have been some changes to the concessional superannuation contributions…

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5 Steps to Stronger Super

on March 30, 2015 General with 0 comments

Australians who start planning their super strategy earlier have a better chance at securing the retirement that they want. Here are five steps to creating a strong super strategy: Good Advice: Seek professional advice because superannuation is complicated and your accountant can guide you towards making the best decisions. Fees: Look very carefully at the…

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Negative gearing for property investors

on March 23, 2015 General with 0 comments

Negative gearing is arguably the most generous tax break available to Australian property investors. Whether you’re an established property investor or contemplating purchasing your first investment property, you may care to familiarise yourself with the way that negative gearing works. A property is considered to be negatively geared if the owner has taken on debt…

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TURBO CHARGE YOUR SUPER SEMINAR

on March 23, 2015 General with 0 comments

Tony and the team at Lee and Lee are excited to invite you to attend the “Turbo Charge Your Super Seminar!” Tony is excited about the prospect of helping you to stay in control of your financial freedom and retirement. What you will learn on the night: How to buy an investment property through an…

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