What can you do now?
Get your house in order – excuse the pun!
- The importance of having accurate accounts and keeping documents
- You don’t want surprises AFTER 30 June
Tax planning before 30 June can save you $$
- How much tax will you need to pay and where can you legally save tax
- Have you considered not only your business but any other connected entities
Tax planning tips relating to property investments
- Alarming Fact: 89% of rental property returns completed are incorrect (Source: ATO!!)
- Are you declaring all rental property income
- Are you calculating capital gains correctly if you have sold a property during the year
- The importance of ensuring the correct purchase and sale valuation for tax purposes
- The importance of correctly claiming expenses: repairs vs capital items; interest on loans
- See our Blog – Tax Tips for Property Investors
Free Resource: Property Tax Return Checklist
Watch the video interview
Get in touch with us today:
Steven Want – Want Group Accountants Ph: 9387 4461
Danny Doff – Principal & Licensed Real Estate Agent M: 0409 808 208
Michael Di Veroli – Director & Property Valuer: Di Veroli Property Group Pty Ltd: Ph: 0407 606 838