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Tax warning on share economy

tax news

THE October 31 tax lodgement deadline has arrived and Australians making money from the share economy are being urged to make sure they are on top of their tax obligations. Money earned on Airbnb, Uber, Airtasker and similar platforms requires tax to be paid, according to Jason Robinson, director at accounting firm RBK Advisory. “More clients More...

by InvestBris | Published 2 months ago
By InvestBris On Thursday, June 11th, 2015
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Negative Gearing Property Investors Hit Nearly 2 Million Across Australia

Negative gearing property investors now total 1,967,260 across Australia, according to the ATO latest data. That’s up from the 1,895,775 in the previous tax year, 2011-12.  More...

Queensland Says No New Taxes on Foreign Property Buyers in Bjelke Petersen-like Strategy
By InvestBris On Wednesday, May 13th, 2015
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Queensland Says No New Taxes on Foreign Property Buyers in Bjelke Petersen-like Strategy

Queensland Says No New Taxes on Foreign Property Buyers in Bjelke Petersen-like Strategy The Queensland government has ruled out introducing new taxes on foreign buyers of residential real estate. They are the More...

Brisbane Investor,Property Management, Real Estate Brisbane, Mortgage Broker Brisbane, Brisbane property market, housing sales, Investment properties, Housing market, Rental Properties, Tax Benefit, Tax, Tax benefits,
By InvestBris On Tuesday, November 12th, 2013
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Investment property Tax Benefit

The Investment Property Tax benefit many people don’t receive.One of the big mistakes that we see with Property Investors is people not utilising the full range of investment property tax benefits. The Taxation More...

Brisbane Investor,Property Management, Real Estate Brisbane, Mortgage Broker Brisbane, Brisbane property market, housing sales, Housing market
By InvestBris On Tuesday, August 20th, 2013
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Queensland cheaper when heavy-duty tax hits home buyers

One of the most frustrating taxes for property buyers in Australia, Stamp duty,  is higher here than much of the developed world.New research by accounting network UHY examined property taxes in 25 countries More...

brisbane investor rental returns
By InvestBris On Saturday, November 24th, 2012
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Brisbane Investors lag behind on rental rewards

  ALMOST two million Australians are expected to declare rental income in their tax returns this year, but less than 40 per cent will make a profit and pay tax on this income.The Australian Taxation Office More...

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