Wednesday 18 April 2018

UNCLAIMED SUPERANNUATION




The ATO is getting in touch with 80,000 individual taxpayers to inform them the ATO is holding unclaimed superannuation on their behalf. The total amount of unclaimed super is $3.75 billion as at 30 June 2017. They will be communicating with taxpayers by email and SMS. 



Please contact Daley Smith, Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 to discuss further.

We provide
accounting and wealth management services to clients in WoodendGisborne and Macedon Ranges areas within Victoria Australia.
 





Wednesday 11 April 2018

SELLING AN INVESTMENT PROPERTY? CHECK YOUR COST BASE!



When selling an investment property it is important to know the full cost base of the asset.


The cost base can include the purchase price and costs associated with acquiring, holding and disposing of the property, such as legal fees, stamp duty and real estate agent’s commissions.


Amounts that you've already claimed as a tax deduction are excluded from the property’s cost base.

For more information please click on the link below: