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No deduction for residential rental property travel expenses

25 May

Travel expenses related to inspecting, maintaining or collecting rent for a residential rental property will be disallowed from 1 July 2017. The Government said that this change is designed to address concerns that many taxpayers have been claiming travel deductions without correctly apportioning costs, or have claimed travel costs that were for private travel purposes. […]

Foreign Investors – disclosure and approval for interests in Australian Property

11 Nov

AUSTRALIAN FOREIGN INVESTMENT INFORMATION QUEENSLAND. Foreign investment – disclosure and approval for interests in Australian property Foreign investors need to plan and act now to comply with Australia’s changes to foreign investment rules. Will you be affected by these measures?  You will be affected by these measures if you acquired the interest in the Australian […]

Interest Rate remains unchanged

04 Nov

The Board of the Reserve Bank have decided to leave the official interest rate unchanged for the month of November 2015.  The official cash rate remains at the historical low of 2%.  The next meeting to review interest rates is scheduled for December 1. Noosa Superannuation Accountants & Financial Advisors Sunshine Coast QLD Stratogen Accounting […]