news


  • HomeBuilder: What is it and how do you access it?

    The Government has announced grants of $25,000 to encourage people to build a new home or substantially renovate their existing home.

  • Vacant land deduction changes

    Legislation that passed through Parliament last month prevents taxpayers from claiming a deduction for expenses incurred for holding vacant land. The amendments are not only retrospective but go beyond purely vacant land.

  • Tax ‘safe harbour’ for inherited property

    When someone inherits a dwelling there are some special rules contained within the main residence exemption provisions that can provide a full exemption if certain conditions are met. If the conditions are not met, the beneficiary might face a nasty capital gains tax (CGT) bill for their good fortune.