Ershad Ullah's Posts
The Australian government has announced a significant policy shift in the property market, imposing a two-year ban on foreign investors purchasing existing Australian homes from April 1, 2025. This measure aligns with a similar proposal made by the opposition last year, reinforcing the growing focus on housing affordability ahead of the upcoming election. At Investax, […]
Service entities like a Company or a Trust are a common arrangement among general practitioners (GPs) and other healthcare professionals. We often get calls from doctors asking, “My colleagues and friends are using a company structure to receive income from the practice, paying tax at the company rate, and even employing their spouse for admin work. […]
As we step into 2025, purchasing property through a Self-Managed Super Fund (SMSF) continues to be a popular strategy for property investors, particularly since the Australian Tax Office (ATO) allowed SMSFs to borrow for this purpose. With ongoing economic shifts and an evolving property market, many investors are drawn to the control and security that […]
For many small to medium size business owners, buying property can feel like an uphill battle. Banks often have a maze of requirements, and some even approach small business loans in ways that make owners think twice about borrowing at all. But despite the challenges, owning investment property can be a real advantage, creating a […]
As of 30 June 2023, Australia boasts a robust business landscape with 2,589,873 active businesses. The 2022-23 period witnessed a growth of 0.8%, translating to an increase of 19,973 businesses. This growth was fuelled by a 15.8% entry rate, accounting for 406,365 new businesses. However, as per the ABS, the period also saw an exit […]
A lot of businesses in Australia shut down for a couple of weeks during Christmas and New Year, giving their employees a well-deserved break. While this downtime is perfect for recharging, it also means no business operations—and often, no cash flow—for two to six weeks. In 2024, the cash flow challenge is even greater, as […]
Small to medium-sized businesses are the backbone of our economy. According to ASBFEO, they employ over 60% of all Australian workers. When run well, these businesses can become a source of independence for many young entrepreneurs. Recently at Investax, we’ve seen a number of small to medium-sized business owners struggling to keep up with the […]
In 2024, the cryptocurrency landscape continues to evolve rapidly, with new developments shaping the way individuals and institutions interact with digital assets. As blockchain technology matures and cryptocurrencies become further integrated into mainstream financial systems, the Australian Taxation Office (ATO) has kept pace, refining its approach to how these assets are taxed. In Australia, cryptocurrency […]
In an effort to make home ownership more accessible and stimulate the property market, the Victorian government has introduced a temporary stamp duty concession on off-the-plan (OTP) apartments, units, and townhouses. This measure, centred on the motto “More Homes Mean More Opportunity,” aims to alleviate the upfront financial burden for first-time home buyers and young […]