In response to Australia's housing affordability challenges, both federal and state governments have introduced a suite of incentives aimed at bolstering the Build-to-Rent (BTR) sector. These measures are designed to stimulate investment, increase the supply of rental housing, and provide…
Depreciation refers to the gradual wear and tear that occurs as assets age, leading to a decrease in their value. For investment properties, depreciation applies to both Plant and Equipment and Capital Works, which are classified separately for tax purposes…
Your personal information, also known as Personally Identifiable Information (PII), is incredibly valuable. Scammers can use this information to access your bank account, sign into your myGov account, steal money, or even commit fraud in your name. It’s crucial to…
As Tax Time 2024 unfolds, millions of Australians are busy lodging their tax returns. It’s essential to ensure you claim all eligible deductions so that you obtain the best result. Professional assistance from the accountants at Roy A McDonald Pty…