Most property developers around Perth understand how the margin scheme can reduce the Goods and Services Tax liability when they sell a property. But the question many tax accountants around Perth is: “Do I pay GST on the sale of my property, and can the GST margin scheme help me lower the GST cost?” This… Continue reading GST and the Margin Scheme
Land tax is a critical yet frequently overlooked consideration for tax advisors in Perth. While most families prioritize these ‘big-ticket’ taxes when organizing their investments, the land tax remains a significant factor, especially as a family’s property portfolio expands. What is Land Tax in Perth? Land tax is an annual levy imposed on Perth and… Continue reading Land Tax Planning in Perth: Useful Tips and Tricks
